K WETCHE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K WETCHE HOLDING ApS
K WETCHE HOLDING ApS (CVR number: 35891854) is a company from NORDDJURS. The company recorded a gross profit of -8.6 kDKK in 2023. The operating profit was -8.6 kDKK, while net earnings were -47.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K WETCHE HOLDING ApS's liquidity measured by quick ratio was 46.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.72 | -3.95 | -4.39 | -4.13 | -8.63 |
EBIT | -3.72 | -3.95 | -4.39 | -4.13 | -8.63 |
Net earnings | 34.85 | -47.28 | 6.37 | -7.20 | -47.36 |
Shareholders equity total | 706.86 | 604.28 | 554.15 | 489.75 | 442.39 |
Balance sheet total (assets) | 719.56 | 659.04 | 601.86 | 537.46 | 452.10 |
Net debt | - 261.97 | - 365.27 | - 416.97 | - 246.01 | - 217.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | -6.3 % | 1.6 % | -0.9 % | -10.1 % |
ROE | 5.1 % | -7.2 % | 1.1 % | -1.4 % | -10.2 % |
ROI | 5.4 % | -6.7 % | 1.7 % | -1.0 % | -10.7 % |
Economic value added (EVA) | -21.90 | -16.21 | -11.10 | -7.20 | -17.34 |
Solvency | |||||
Equity ratio | 98.2 % | 91.7 % | 92.1 % | 91.1 % | 97.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 47.8 | 10.8 | 11.8 | 10.4 | 46.6 |
Current ratio | 47.8 | 10.8 | 11.8 | 10.4 | 46.6 |
Cash and cash equivalents | 261.97 | 365.27 | 416.97 | 246.01 | 217.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | B |
Variable visualization
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