WELL HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WELL HOLDING A/S
WELL HOLDING A/S (CVR number: 34726825) is a company from Brønderslev. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. WELL HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.16 | -5.00 | |||
EBIT | -10.16 | -5.00 | |||
Net earnings | -2 373.16 | -2 917.11 | - 533.12 | - 196.59 | -16.19 |
Shareholders equity total | 161.77 | 844.65 | 311.53 | 114.94 | 98.75 |
Balance sheet total (assets) | 12 565.30 | 1 270.69 | 737.57 | 347.69 | 391.50 |
Net debt | 12 388.38 | 405.88 | 405.88 | 232.75 | 292.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -13.9 % | -42.2 % | -53.1 % | -36.2 % | -4.4 % |
ROE | -1599.7 % | -579.7 % | -92.2 % | -92.2 % | -15.2 % |
ROI | -13.9 % | -42.3 % | -54.2 % | -36.9 % | -4.4 % |
Economic value added (EVA) | 78.98 | 111.97 | -3.38 | -3.38 | -3.38 |
Solvency | |||||
Equity ratio | 1.3 % | 66.5 % | 42.2 % | 33.1 % | 25.2 % |
Gearing | 7658.1 % | 48.1 % | 130.3 % | 202.5 % | 296.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.2 | 1.3 | 1.2 |
Current ratio | 1.0 | 1.2 | 1.2 | 1.3 | 1.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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