WESSEL & VETT HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10802180
Kvæsthusgade 1, 1251 København K

Company information

Official name
WESSEL & VETT HOLDING A/S
Personnel
2 persons
Established
1987
Company form
Limited company
Industry

About WESSEL & VETT HOLDING A/S

WESSEL & VETT HOLDING A/S (CVR number: 10802180) is a company from KØBENHAVN. The company recorded a gross profit of -1263.8 kDKK in 2023. The operating profit was -1883 kDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WESSEL & VETT HOLDING A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-1 409.08-1 169.65- 810.63- 834.86-1 263.84
EBIT-1 996.84-1 826.19-1 282.31-1 419.59-1 882.98
Net earnings7 910.1814 851.2011 162.567 130.1010 204.71
Shareholders equity total176 940.11188 791.31154 039.87161 169.97171 374.68
Balance sheet total (assets)184 724.70198 658.37162 441.01167 429.57177 975.61
Net debt3 764.82-3 818.213 341.002 536.76- 801.77
Profitability
EBIT-%
ROA5.1 %9.9 %6.2 %7.8 %11.1 %
ROE4.5 %8.1 %6.5 %4.5 %6.1 %
ROI5.1 %10.0 %6.3 %7.8 %11.1 %
Economic value added (EVA)-9 672.12-10 496.72-10 336.16-8 819.09-9 265.10
Solvency
Equity ratio95.8 %95.0 %94.8 %96.3 %96.3 %
Gearing3.8 %3.9 %5.4 %3.8 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.30.80.80.8
Current ratio0.51.30.80.80.8
Cash and cash equivalents2 911.8011 167.184 950.673 580.204 730.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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