Wed Tech ApS — Credit Rating and Financial Key Figures

Wed Tech ApS (CVR number: 43824325) is a company from Høje-Taastrup. The company recorded a gross profit of -19.7 kDKK in 2023. The operating profit was -19.7 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.2 %, which can be considered poor and Return on Equity (ROE) was -62.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Wed Tech ApS's liquidity measured by quick ratio was 2.8 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.