WELEARN A/S — Credit Rating and Financial Key Figures

CVR number: 26563178
Jorcks Passage 1 A, 1162 København K
tel: 63131040

Credit rating

Company information

Official name
WELEARN A/S
Personnel
4 persons
Established
2002
Company form
Limited company
Industry

About WELEARN A/S

WELEARN A/S (CVR number: 26563178) is a company from KØBENHAVN. The company recorded a gross profit of 1757.6 kDKK in 2023. The operating profit was -257.8 kDKK, while net earnings were -213 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WELEARN A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 687.822 182.802 872.573 526.271 757.58
EBIT1 116.00- 147.99763.821 510.05- 257.84
Net earnings846.03- 138.46558.051 153.34- 213.04
Shareholders equity total1 619.86381.40939.452 092.79779.75
Balance sheet total (assets)3 218.921 732.922 546.283 526.531 379.46
Net debt- 314.37- 387.74- 264.99-1 156.77- 169.07
Profitability
EBIT-%
ROA47.7 %-5.8 %35.7 %50.3 %-9.2 %
ROE70.7 %-13.8 %84.5 %76.1 %-14.8 %
ROI90.1 %-13.6 %99.9 %94.9 %-15.0 %
Economic value added (EVA)814.07- 194.42578.111 123.48- 269.28
Solvency
Equity ratio52.1 %23.2 %40.0 %59.9 %56.9 %
Gearing30.7 %9.7 %4.6 %4.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.01.52.21.7
Current ratio1.60.91.32.21.7
Cash and cash equivalents314.37504.74356.271 253.66206.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-9.22%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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