WELDTECH ApS — Credit Rating and Financial Key Figures

CVR number: 28284802
Vesterlundvej 4, 2730 Herlev
weldtech@weldtech.dk
tel: 47107544
www.weldtech.dk

Credit rating

Company information

Official name
WELDTECH ApS
Personnel
10 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About WELDTECH ApS

WELDTECH ApS (CVR number: 28284802) is a company from HERLEV. The company recorded a gross profit of 6615.2 kDKK in 2023. The operating profit was 1539.2 kDKK, while net earnings were 989.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.2 %, 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. WELDTECH ApS's liquidity measured by quick ratio was 1.9 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 profit3 753.394 311.945 624.037 874.696 615.19
EBIT518.89158.751 393.081 494.001 539.23
Net earnings302.431.45685.27956.56989.55
Shareholders equity total1 956.491 757.942 443.213 399.773 389.32
Balance sheet total (assets)5 565.378 802.345 314.378 320.219 515.36
Net debt1 759.115 264.27- 108.06-5 495.59-1 057.78
Profitability
EBIT-%
ROA9.3 %2.2 %19.7 %21.9 %17.4 %
ROE16.3 %0.1 %32.6 %32.7 %29.2 %
ROI13.1 %3.0 %26.7 %42.2 %40.7 %
Economic value added (EVA)336.4926.10982.271 085.141 282.04
Solvency
Equity ratio35.2 %20.0 %46.0 %65.0 %42.2 %
Gearing91.3 %300.7 %38.1 %9.1 %15.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.13.91.9
Current ratio1.31.01.61.61.4
Cash and cash equivalents26.3022.011 040.015 804.691 583.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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