WASHTEC A/S — Credit Rating and Financial Key Figures

CVR number: 16574317
Guldalderen 10, Fløng 2640 Hedehusene
info@washtec.dk
tel: 70101533
www.washtec.dk

Credit rating

Company information

Official name
WASHTEC A/S
Personnel
53 persons
Established
1968
Domicile
Fløng
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WASHTEC A/S

WASHTEC A/S (CVR number: 16574317) is a company from Høje-Taastrup. The company recorded a gross profit of 45.4 mDKK in 2023. The operating profit was 3899.5 kDKK, while net earnings were 8518.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 37.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. WASHTEC A/S's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit46 355.0041 949.0042 018.0039 419.4045 351.61
EBIT46 355.0041 949.0042 018.001 128.513 899.46
Net earnings5 383.005 546.004 221.005 390.448 518.76
Shareholders equity total18 124.0019 670.0019 891.0021 281.4523 800.21
Balance sheet total (assets)49 262.0056 291.0049 469.0052 000.6655 886.04
Net debt-1 295.95-4 010.68
Profitability
EBIT-%
ROA99.0 %79.5 %79.5 %11.7 %17.8 %
ROE30.9 %29.3 %21.3 %26.2 %37.8 %
ROI136.4 %79.5 %79.5 %16.1 %36.6 %
Economic value added (EVA)46 157.9641 038.2741 029.58- 151.492 341.58
Solvency
Equity ratio100.0 %100.0 %100.0 %41.9 %43.2 %
Gearing3.6 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.2
Current ratio1.41.5
Cash and cash equivalents2 058.634 463.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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