Wtec ApS

CVR number: 37116181
Flensborg Landevej 1, Søgaard 6200 Aabenraa

Credit rating

Company information

Official name
Wtec ApS
Established
2015
Domicile
Søgaard
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

Wtec ApS (CVR number: 37116181) is a company from AABENRAA. The company recorded a gross profit of 996.4 kDKK in 2017. The operating profit was 431.4 kDKK, while net earnings were 285.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.8 %, which can be considered excellent and Return on Equity (ROE) was 59.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Wtec ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017
Volume
Net sales
Gross profit572.21996.37
EBIT- 591.59431.38
Net earnings- 482.92285.92
Shareholders equity total- 282.923.00
Balance sheet total (assets)964.54172.39
Net debt945.44-46.39
Profitability
EBIT-%
ROA-47.4 %60.8 %
ROE-50.1 %59.1 %
ROI-62.6 %80.3 %
Economic value added (EVA)- 463.77308.57
Solvency
Equity ratio-22.7 %1.7 %
Gearing-334.2 %4200.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.0
Current ratio0.51.0
Cash and cash equivalents172.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBC

Variable visualization

ROA:60.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.74%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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