Welling/Ludvik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Welling/Ludvik ApS
Welling/Ludvik ApS (CVR number: 37320153) is a company from KØBENHAVN. The company recorded a gross profit of 213.9 kDKK in 2024. The operating profit was -76.9 kDKK, while net earnings were 323.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -16.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Welling/Ludvik ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 279.64 | 366.74 | 475.16 | 344.02 | 213.91 |
EBIT | 189.02 | 233.41 | 385.16 | 254.02 | -76.88 |
Net earnings | 125.19 | 162.13 | 282.88 | 185.26 | 323.69 |
Shareholders equity total | -1 185.77 | -1 023.64 | - 740.76 | - 555.50 | - 231.81 |
Balance sheet total (assets) | 1 489.29 | 1 419.51 | 1 348.07 | 1 194.11 | 1 194.02 |
Net debt | 2 376.62 | 2 125.07 | 1 663.48 | 1 344.56 | 823.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 9.1 % | 17.0 % | 13.2 % | 26.9 % |
ROE | 6.5 % | 11.1 % | 20.4 % | 14.6 % | 27.1 % |
ROI | 6.2 % | 9.3 % | 17.6 % | 14.0 % | 30.3 % |
Economic value added (EVA) | 31.29 | 110.16 | 232.36 | 135.27 | - 114.00 |
Solvency | |||||
Equity ratio | -44.3 % | -41.9 % | -35.5 % | -31.7 % | -16.3 % |
Gearing | -205.2 % | -210.7 % | -234.1 % | -250.9 % | -420.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.4 | 1.7 | 0.7 | 0.6 |
Current ratio | 2.4 | 2.4 | 1.7 | 0.7 | 0.6 |
Cash and cash equivalents | 56.08 | 31.46 | 70.99 | 49.12 | 149.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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