OLE WESSUNG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE WESSUNG ApS
OLE WESSUNG ApS (CVR number: 25912284) is a company from HØRSHOLM. The company recorded a gross profit of 542.2 kDKK in 2024. The operating profit was 418.2 kDKK, while net earnings were -1052.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OLE WESSUNG ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 302.57 | - 293.35 | - 302.88 | - 252.61 | 542.15 |
EBIT | - 424.87 | - 417.10 | - 424.47 | - 374.19 | 418.20 |
Net earnings | -2 393.23 | 4 371.05 | -5 278.95 | 2 088.23 | -1 052.71 |
Shareholders equity total | 2 106.55 | 6 477.60 | 1 198.64 | 3 286.88 | 2 234.16 |
Balance sheet total (assets) | 4 741.57 | 9 755.78 | 4 516.39 | 6 364.05 | 5 658.99 |
Net debt | -3 927.59 | -8 905.19 | 259.76 | -2 257.17 | - 698.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.7 % | 60.4 % | -5.2 % | 38.1 % | 7.0 % |
ROE | -72.5 % | 101.8 % | -137.5 % | 93.1 % | -38.1 % |
ROI | -12.8 % | 102.0 % | -6.8 % | 39.3 % | 7.4 % |
Economic value added (EVA) | - 647.35 | - 528.56 | - 716.31 | - 637.86 | 36.24 |
Solvency | |||||
Equity ratio | 44.4 % | 66.4 % | 26.5 % | 51.6 % | 39.5 % |
Gearing | 274.0 % | 84.5 % | 137.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.9 | 1.3 | 2.0 | 1.6 |
Current ratio | 1.8 | 2.9 | 1.3 | 2.0 | 1.6 |
Cash and cash equivalents | 3 927.59 | 8 905.19 | 3 024.94 | 5 035.53 | 3 759.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BBB |
Variable visualization
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