Weldex Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36940050
Skovbovej 5, Ørslev 5592 Ejby

Credit rating

Company information

Official name
Weldex Holding ApS
Established
2015
Domicile
Ørslev
Company form
Private limited company
Industry

About Weldex Holding ApS

Weldex Holding ApS (CVR number: 36940050) is a company from MIDDELFART. The company recorded a gross profit of -13.5 kDKK in 2023. The operating profit was -13.5 kDKK, while net earnings were -13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Weldex Holding ApS's liquidity measured by quick ratio was 149.4 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 profit-7.50-10.84-10.90-28.22-13.48
EBIT-7.50-10.84-10.90-28.22-13.48
Net earnings249.91-79.08- 104.9341.16-13.70
Shareholders equity total1 720.231 641.161 479.731 463.691 391.09
Balance sheet total (assets)1 915.391 706.261 547.421 472.691 400.46
Net debt-1 147.48-1 510.07-1 439.38-1 381.83
Profitability
EBIT-%
ROA14.9 %-2.4 %3.3 %2.8 %-0.7 %
ROE15.1 %-4.7 %-6.7 %2.8 %-1.0 %
ROI15.9 %-2.6 %3.5 %2.9 %-0.7 %
Economic value added (EVA)-27.71-5.47-35.28-26.63-20.49
Solvency
Equity ratio89.8 %96.2 %95.6 %99.4 %99.3 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.426.122.8163.6149.4
Current ratio2.426.122.8163.6149.4
Cash and cash equivalents1 147.481 510.081 439.381 381.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.67%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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