WEA TECHNOLOGY A/S — Credit Rating and Financial Key Figures

CVR number: 20276045
Amagergade 15, 1423 København K
info@wea.dk
tel: 46383202
Free credit report Annual report

Company information

Official name
WEA TECHNOLOGY A/S
Established
1997
Company form
Limited company
Industry

About WEA TECHNOLOGY A/S

WEA TECHNOLOGY A/S (CVR number: 20276045) is a company from KØBENHAVN. The company recorded a gross profit of -17.8 kDKK in 2024. The operating profit was -17.8 kDKK, while net earnings were -23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. WEA TECHNOLOGY A/S's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18.02-6.6648.11-17.77
EBIT-31.293.81-10.6424.53-17.77
Net earnings-52.850.84-17.6546.94-23.59
Shareholders equity total402.90403.74386.09433.02409.44
Balance sheet total (assets)568.46864.74839.46947.13739.12
Net debt- 179.61-30.12- 369.27- 221.19- 296.00
Profitability
EBIT-%
ROA0.2 %0.5 %-1.2 %5.8 %-2.0 %
ROE-12.3 %0.2 %-4.5 %11.5 %-5.6 %
ROI-12.4 %0.7 %-2.1 %10.9 %-3.3 %
Economic value added (EVA)-51.54-20.67-39.723.35-43.90
Solvency
Equity ratio70.9 %46.7 %46.0 %45.7 %55.4 %
Gearing20.9 %43.4 %9.2 %20.1 %20.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.71.61.71.9
Current ratio3.31.91.91.92.2
Cash and cash equivalents263.88205.21404.77308.06378.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-2.00%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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