WESTERLIND HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36026464
Nørholmsvej 194, 9000 Aalborg
cl@lindepartners.dk
tel: 40787050

Credit rating

Company information

Official name
WESTERLIND HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About WESTERLIND HOLDING ApS

WESTERLIND HOLDING ApS (CVR number: 36026464) is a company from AALBORG. The company recorded a gross profit of -2.5 kDKK in 2023. The operating profit was -2.5 kDKK, while net earnings were -536.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WESTERLIND HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.50-4.50-4.00-4.75-2.50
EBIT-4.50-4.50-4.00-4.75-2.50
Net earnings84.28696.94914.821 086.97- 536.76
Shareholders equity total-1 383.112 230.553 145.384 232.353 695.59
Balance sheet total (assets)1 972.435 637.496 589.587 715.557 215.91
Net debt3 351.043 389.053 439.473 478.343 512.95
Profitability
EBIT-%
ROA4.5 %16.5 %15.5 %15.7 %-6.7 %
ROE4.4 %33.2 %34.0 %29.5 %-13.5 %
ROI4.5 %16.6 %15.6 %15.7 %-6.7 %
Economic value added (EVA)160.54164.06313.71348.70409.49
Solvency
Equity ratio-41.2 %39.6 %47.7 %54.9 %51.2 %
Gearing-242.3 %151.9 %109.4 %82.2 %95.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-6.73%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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