K WETCHE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35891854
Skovbrynet 26, 8500 Grenaa

Company information

Official name
K WETCHE HOLDING ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings34.85-47.286.37-7.20-47.36
Shareholders equity total706.86604.28554.15489.75442.39
Balance sheet total (assets)719.56659.04601.86537.46452.10
Net debt- 261.97- 365.27- 416.97- 246.01- 217.10
Profitability
EBIT-%
ROA5.3 %-6.3 %1.6 %-0.9 %-10.1 %
ROE5.1 %-7.2 %1.1 %-1.4 %-10.2 %
ROI5.4 %-6.7 %1.7 %-1.0 %-10.7 %
Economic value added (EVA)-21.90-16.21-11.10-7.20-17.34
Solvency
Equity ratio98.2 %91.7 %92.1 %91.1 %97.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio47.810.811.810.446.6
Current ratio47.810.811.810.446.6
Cash and cash equivalents261.97365.27416.97246.01217.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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