Weco Tankers A/S

 

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Analyst: XBRLDenmark
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Bankruptcy Risk 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  14.2% 3.2% 5.1% 1.2% 0.8%  
Credit score (0-100)  15 54 43 81 92  
Credit rating  BB BBB BBB A AA  
Credit limit (mUSD)  0.0 0.0 0.0 3.9 11.8  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (mUSD) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  26 101 262 291 294  
Gross profit  -1.0 3.7 49.4 57.5 28.4  
EBITDA  -1.7 2.5 42.8 53.1 27.1  
EBIT  -1.7 2.5 42.8 53.1 27.1  
Pre-tax profit (PTP)  -1.7 2.3 42.8 56.8 31.3  
Net earnings  -1.7 2.3 42.8 56.1 30.5  
Pre-tax profit without non-rec. items  -1.7 2.5 42.8 56.8 31.3  

 
See the entire income statement

Balance sheet (mUSD) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Tangible assets total  0.0 0.0 0.0 0.0 0.0  
Shareholders equity total  0.9 3.1 45.5 79.1 89.6  
Interest-bearing liabilities  2.8 0.0 0.0 1.3 6.2  
Balance sheet total (assets)  9.5 19.1 77.5 153 127  

Net Debt  0.6 0.0 0.0 -49.2 -58.7  
 
See the entire balance sheet

Volume 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  26 101 262 291 294  
Net sales growth  0.0% 296.5% 158.6% 11.4% 1.1%  
Gross profit  -1.0 3.7 49.4 57.5 28.4  
Gross profit growth  0.0% 0.0% 1,251.6% 16.4% -50.6%  
Employees  4 5 9 10 9  
Employee growth %  0.0% 25.0% 80.0% 11.1% -10.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  10 19 77 153 127  
Balance sheet change%  0.0% 101.0% 305.1% 97.1% -16.6%  
Added value  -1.7 2.5 42.8 53.1 27.1  
Added value %  -6.6% 2.5% 16.3% 18.2% 9.2%  
Investments  0 0 0 0 0  

Net sales trend  0.0 1.0 2.0 3.0 4.0  
EBIT trend  -1.0 1.0 2.0 3.0 4.0  

Profitability 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
EBITDA %  -6.6% 2.5% 16.3% 18.2% 9.2%  
EBIT %  -6.6% 2.5% 16.3% 18.2% 9.2%  
EBIT to gross profit (%)  167.6% 67.8% 86.6% 92.5% 95.5%  
Net Earnings %  -6.6% 2.3% 16.4% 19.3% 10.4%  
Profit before depreciation and extraordinary items %  -6.6% 2.3% 16.4% 19.3% 10.4%  
Pre tax profit less extraordinaries %  -6.6% 2.5% 16.3% 19.5% 10.6%  
ROA %  -17.5% 17.3% 88.5% 49.3% 22.4%  
ROI %  -44.6% 21.7% 88.5% 71.9% 35.6%  
ROE %  -181.3% 113.7% 176.1% 90.1% 36.1%  

Solidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Equity ratio %  9.7% 100.0% 100.0% 51.8% 70.4%  
Relative indebtedness %  33.7% 0.0% 0.0% 25.3% 12.8%  
Relative net indebtedness %  25.0% 0.0% 0.0% 8.0% -9.2%  
Net int. bear. debt to EBITDA, %  -35.4% 0.0% 0.0% -92.6% -216.4%  
Gearing %  303.7% 0.0% 0.0% 1.6% 6.9%  
Net interest  0 0 0 0 0  
Financing costs %  2.0% 0.0% 0.0% 0.9% 0.3%  

Liquidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Quick Ratio  1.0 0.0 0.0 1.9 2.7  
Current Ratio  1.1 0.0 0.0 1.9 2.9  
Cash and cash equivalent  2.2 0.0 0.0 50.5 64.9  

Capital use efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Trade debtors turnover (days)  38.0 0.0 0.0 47.3 27.0  
Trade creditors turnover (days)  0.0 0.0 0.0 81.5 28.5  
Current assets / Net sales %  37.3% 0.0% 0.0% 49.2% 37.3%  
Net working capital  0.9 0.0 0.0 69.8 72.1  
Net working capital %  3.6% 0.0% 0.0% 23.9% 24.5%  

Employee efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Net sales / employee  6 20 29 29 33  
Added value / employee  -0 0 5 5 3  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -0 0 5 5 3  
EBIT / employee  -0 0 5 5 3  
Net earnings / employee  -0 0 5 6 3