WELEARN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 687.82 | 2 182.80 | 2 872.57 | 3 526.27 | 1 757.58 |
EBIT | 1 116.00 | - 147.99 | 763.82 | 1 510.05 | - 257.84 |
Net earnings | 846.03 | - 138.46 | 558.05 | 1 153.34 | - 213.04 |
Shareholders equity total | 1 619.86 | 381.40 | 939.45 | 2 092.79 | 779.75 |
Balance sheet total (assets) | 3 218.92 | 1 732.92 | 2 546.28 | 3 526.53 | 1 379.46 |
Net debt | - 314.37 | - 387.74 | - 264.99 | -1 156.77 | - 169.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 47.7 % | -5.8 % | 35.7 % | 50.3 % | -9.2 % |
ROE | 70.7 % | -13.8 % | 84.5 % | 76.1 % | -14.8 % |
ROI | 90.1 % | -13.6 % | 99.9 % | 94.9 % | -15.0 % |
Economic value added (EVA) | 814.07 | - 194.42 | 578.11 | 1 123.48 | - 269.28 |
Solvency | |||||
Equity ratio | 52.1 % | 23.2 % | 40.0 % | 59.9 % | 56.9 % |
Gearing | 30.7 % | 9.7 % | 4.6 % | 4.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.0 | 1.5 | 2.2 | 1.7 |
Current ratio | 1.6 | 0.9 | 1.3 | 2.2 | 1.7 |
Cash and cash equivalents | 314.37 | 504.74 | 356.27 | 1 253.66 | 206.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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