Wetap Scandinavia ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Wetap Scandinavia ApS
Wetap Scandinavia ApS (CVR number: 42490970) is a company from AABENRAA. The company recorded a gross profit of -23.7 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -93.6 kDKK, while net earnings were -94.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.4 %, which can be considered poor and Return on Equity (ROE) was -102.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Wetap Scandinavia ApS's liquidity measured by quick ratio was 2.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 1 000.99 | ||
Gross profit | 24.73 | 194.56 | -23.70 |
EBIT | 23.20 | 109.61 | -93.59 |
Net earnings | 15.84 | 84.20 | -94.87 |
Shareholders equity total | 55.84 | 140.20 | 45.33 |
Balance sheet total (assets) | 60.30 | 177.14 | 85.05 |
Net debt | -60.30 | - 177.14 | -62.15 |
Profitability | |||
EBIT-% | 11.0 % | ||
ROA | 38.5 % | 92.3 % | -71.4 % |
ROE | 28.4 % | 85.9 % | -102.3 % |
ROI | 41.6 % | 111.8 % | -100.9 % |
Economic value added (EVA) | 18.10 | 82.69 | - 100.64 |
Solvency | |||
Equity ratio | 92.6 % | 79.1 % | 53.3 % |
Gearing | |||
Relative net indebtedness % | -14.0 % | ||
Liquidity | |||
Quick ratio | 13.4 | 2.1 | |
Current ratio | 13.4 | 2.1 | |
Cash and cash equivalents | 60.30 | 177.14 | 62.15 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 16.4 % | ||
Credit risk | |||
Credit rating | BB | BB | B |
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