WE-TECH ApS — Credit Rating and Financial Key Figures

CVR number: 31745578
Ferrarivej 6, 7100 Vejle

Credit rating

Company information

Official name
WE-TECH ApS
Personnel
10 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon468100

About WE-TECH ApS

WE-TECH ApS (CVR number: 31745578) is a company from VEJLE. The company recorded a gross profit of 5395.1 kDKK in 2024. The operating profit was -178.8 kDKK, while net earnings were -405.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WE-TECH ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit9 688.726 344.064 111.374 122.805 395.14
EBIT1 331.691 024.49- 806.291 214.93- 178.82
Net earnings1 029.22788.98- 691.771 020.22- 405.39
Shareholders equity total6 824.286 613.265 321.496 341.705 436.32
Balance sheet total (assets)11 854.8310 571.529 332.338 469.177 341.49
Net debt-1 505.36- 750.182 369.69- 621.46865.03
Profitability
EBIT-%
ROA13.5 %9.7 %-8.2 %16.1 %-5.6 %
ROE16.3 %11.7 %-11.6 %17.5 %-6.9 %
ROI17.6 %13.6 %-10.4 %19.8 %-6.6 %
Economic value added (EVA)717.32557.45- 894.45646.54- 370.37
Solvency
Equity ratio57.6 %62.6 %57.0 %74.9 %74.0 %
Gearing17.1 %16.8 %46.4 %3.7 %21.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.81.21.41.3
Current ratio2.32.51.92.42.2
Cash and cash equivalents2 670.861 860.1798.85857.50318.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-5.55%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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