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H & S WESTERGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H & S WESTERGAARD A/S
H & S WESTERGAARD A/S (CVR number: 28704100) is a company from HERNING. The company reported a net sales of 1919.8 mDKK in 2024, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 62.7 mDKK), while net earnings were 54 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. H & S WESTERGAARD A/S's liquidity measured by quick ratio was 3.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 017.76 | 915.24 | 1 699.78 | 2 141.61 | 1 919.85 |
| Gross profit | 1 017.76 | 915.24 | 1 699.78 | 98.38 | 71.94 |
| EBIT | 17.64 | 2.50 | 62.40 | 89.16 | 62.71 |
| Net earnings | 15.03 | 2.52 | 48.26 | 70.60 | 54.05 |
| Shareholders equity total | 99.81 | 92.33 | 140.59 | 171.19 | 185.24 |
| Balance sheet total (assets) | 137.43 | 132.54 | 224.79 | 263.03 | 265.43 |
| Net debt | -42.89 | -9.11 | |||
| Profitability | |||||
| EBIT-% | 1.7 % | 0.3 % | 3.7 % | 4.2 % | 3.3 % |
| ROA | 12.2 % | 1.9 % | 34.9 % | 37.2 % | 25.9 % |
| ROE | 15.1 % | 2.6 % | 41.4 % | 45.3 % | 30.3 % |
| ROI | 12.2 % | 1.9 % | 34.9 % | 45.4 % | 37.3 % |
| Economic value added (EVA) | 12.63 | -2.51 | 57.76 | 62.32 | 40.11 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.1 % | 69.8 % |
| Gearing | 2.2 % | 2.8 % | |||
| Relative net indebtedness % | 2.1 % | 3.4 % | |||
| Liquidity | |||||
| Quick ratio | 3.4 | 3.6 | |||
| Current ratio | 3.4 | 3.6 | |||
| Cash and cash equivalents | 46.71 | 14.26 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 24.9 | 31.0 | |||
| Net working capital % | 7.9 % | 8.9 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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