WESTERGAARD DEVELOPMENT ApS — Credit Rating and Financial Key Figures

WESTERGAARD DEVELOPMENT ApS (CVR number: 35211748) is a company from ESBJERG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -57.6 % compared to the previous year. The operating profit percentage was at 15.3 % (EBIT: 0 mDKK), while net earnings were 4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. WESTERGAARD DEVELOPMENT ApS's liquidity measured by quick ratio was 2.6 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.