Wessels Gaard ApS — Credit Rating and Financial Key Figures

CVR number: 30515293
Grænsevej 1 B, 9000 Aalborg
info@beltoftgroup.com
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Credit rating

Company information

Official name
Wessels Gaard ApS
Established
2008
Company form
Private limited company
Industry

About Wessels Gaard ApS

Wessels Gaard ApS (CVR number: 30515293) is a company from AALBORG. The company recorded a gross profit of -139.6 kDKK in 2023. The operating profit was -155.8 kDKK, while net earnings were -411.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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. Wessels Gaard ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 238.51- 303.47- 210.01- 192.84- 139.57
EBIT- 238.51- 303.474 789.99- 192.84- 155.78
Net earnings-20.84- 337.733 626.21- 310.74- 411.62
Shareholders equity total5 826.245 488.509 114.718 803.978 392.35
Balance sheet total (assets)13 270.6813 344.9618 558.4818 649.3118 578.63
Net debt7 007.007 339.437 865.698 276.118 641.14
Profitability
EBIT-%
ROA-1.8 %-2.3 %30.0 %-1.0 %-0.8 %
ROE-0.4 %-6.0 %49.7 %-3.5 %-4.8 %
ROI-1.8 %-2.3 %30.1 %-1.0 %-0.8 %
Economic value added (EVA)- 462.01- 529.233 460.63- 608.39- 563.88
Solvency
Equity ratio43.9 %41.1 %49.1 %47.2 %45.2 %
Gearing120.4 %133.8 %86.3 %94.0 %103.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents4.994.610.770.670.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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