Wetek IVS — Credit Rating and Financial Key Figures

Wetek IVS (CVR number: 37288942) is a company from HERNING. The company recorded a gross profit of 2.3 kDKK in 2016. The operating profit was 2.3 kDKK, while net earnings were 1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.8 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Wetek IVS's liquidity measured by quick ratio was 10.8 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.