WEST EQUITY HOLDING APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WEST EQUITY HOLDING APS
WEST EQUITY HOLDING APS (CVR number: 39636476) is a company from VEJLE. The company recorded a gross profit of -5.3 kDKK in 2023. The operating profit was -5.3 kDKK, while net earnings were 79.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. WEST EQUITY HOLDING APS's liquidity measured by quick ratio was 109.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.50 | 143.84 | -3.76 | -5.81 | -5.25 |
| EBIT | -6.50 | 143.84 | -3.76 | -5.81 | -5.25 |
| Net earnings | 712.97 | 93.58 | -42.28 | -8.91 | 79.90 |
| Shareholders equity total | 762.97 | 856.55 | 814.28 | 1 331.01 | 1 410.91 |
| Balance sheet total (assets) | 2 308.50 | 3 312.34 | 3 269.50 | 2 237.42 | 2 194.52 |
| Net debt | -48.50 | - 122.45 | -69.50 | 461.42 | 431.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 32.6 % | 5.5 % | 0.2 % | -0.2 % | 4.7 % |
| ROE | 93.4 % | 11.6 % | -5.1 % | -0.8 % | 5.8 % |
| ROI | 32.7 % | 5.5 % | 0.2 % | -0.1 % | 3.9 % |
| Economic value added (EVA) | -6.50 | 89.22 | -39.64 | -42.23 | -68.18 |
| Solvency | |||||
| Equity ratio | 33.1 % | 25.9 % | 24.9 % | 59.5 % | 64.3 % |
| Gearing | 39.1 % | 31.1 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.7 | 10.7 | 10.0 | 118.5 | 109.9 |
| Current ratio | 9.7 | 10.7 | 10.0 | 118.5 | 109.9 |
| Cash and cash equivalents | 48.50 | 122.45 | 69.50 | 58.71 | 6.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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