WETTER EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 33880480
Østervang 10, 9500 Hobro
ilse@wettertransport.dk
tel: 25332560

Credit rating

Company information

Official name
WETTER EJENDOMME A/S
Established
2011
Company form
Limited company
Industry

About WETTER EJENDOMME A/S

WETTER EJENDOMME A/S (CVR number: 33880480) is a company from MARIAGERFJORD. The company recorded a gross profit of 587.6 kDKK in 2023. The operating profit was 388.7 kDKK, while net earnings were 22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WETTER EJENDOMME A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit354.21351.87446.78497.04587.62
EBIT251.09248.74301.55327.60388.67
Net earnings179.63179.74197.53181.1122.57
Shareholders equity total1 569.261 749.001 946.532 127.632 150.20
Balance sheet total (assets)4 324.734 212.547 924.2811 037.2914 479.20
Net debt2 077.181 744.694 212.743 790.83- 908.20
Profitability
EBIT-%
ROA5.7 %5.8 %5.0 %3.5 %3.0 %
ROE12.1 %10.8 %10.7 %8.9 %1.1 %
ROI5.8 %6.0 %5.6 %4.9 %8.3 %
Economic value added (EVA)132.15120.93158.56157.37193.91
Solvency
Equity ratio36.3 %41.5 %24.6 %19.3 %14.9 %
Gearing132.4 %99.8 %216.4 %178.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents908.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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