WEA TECHNOLOGY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18.02 | -6.66 | 48.11 | -17.77 | |
EBIT | -31.29 | 3.81 | -10.64 | 24.53 | -17.77 |
Net earnings | -52.85 | 0.84 | -17.65 | 46.94 | -23.59 |
Shareholders equity total | 402.90 | 403.74 | 386.09 | 433.02 | 409.44 |
Balance sheet total (assets) | 568.46 | 864.74 | 839.46 | 947.13 | 739.12 |
Net debt | - 179.61 | -30.12 | - 369.27 | - 221.19 | - 296.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 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 | -39.72 | 3.35 | -43.90 |
Solvency | |||||
Equity ratio | 70.9 % | 46.7 % | 46.0 % | 45.7 % | 55.4 % |
Gearing | 20.9 % | 43.4 % | 9.2 % | 20.1 % | 20.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 1.7 | 1.6 | 1.7 | 1.9 |
Current ratio | 3.3 | 1.9 | 1.9 | 1.9 | 2.2 |
Cash and cash equivalents | 263.88 | 205.21 | 404.77 | 308.06 | 378.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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