WEXO A/S — Credit Rating and Financial Key Figures

CVR number: 33757131
Gøteborgvej 16, 9200 Aalborg SV
wexo.dk

Credit rating

Company information

Official name
WEXO A/S
Personnel
60 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon621000

About WEXO A/S

WEXO A/S (CVR number: 33757131) is a company from AALBORG. The company recorded a gross profit of 25.3 mDKK in 2023. The operating profit was 2624.3 kDKK, while net earnings were 1981.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31 %, which can be considered excellent and Return on Equity (ROE) was 77.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. WEXO A/S's liquidity measured by quick ratio was 1.5 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 profit17 698.4517 869.1623 854.7323 445.9625 294.37
EBIT4 010.56715.834 669.782 805.012 624.27
Net earnings3 087.30547.873 580.382 150.611 981.17
Shareholders equity total3 587.301 047.874 628.252 650.862 481.17
Balance sheet total (assets)9 951.928 082.6416 275.168 825.628 127.63
Net debt-1 552.08-4 158.78-10 893.02- 840.28- 838.92
Profitability
EBIT-%
ROA49.8 %7.3 %38.3 %22.4 %31.0 %
ROE91.9 %23.6 %126.2 %59.1 %77.2 %
ROI82.4 %17.1 %119.0 %52.8 %61.3 %
Economic value added (EVA)3 113.32583.813 795.452 500.521 900.37
Solvency
Equity ratio36.0 %13.0 %28.4 %30.0 %30.5 %
Gearing72.6 %3.0 %1.4 %85.4 %47.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.61.71.5
Current ratio1.51.31.61.71.5
Cash and cash equivalents4 156.544 190.1810 959.203 103.292 004.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.0%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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