West Soft Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About West Soft Group ApS
West Soft Group ApS (CVR number: 38676482) is a company from VEJLE. The company recorded a gross profit of -1.5 kDKK in 2023. The operating profit was -1.5 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, 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. West Soft Group ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.10 | -0.15 | -0.15 | -1.00 | -1.50 |
EBIT | -0.10 | -0.15 | -0.15 | -1.00 | -1.50 |
Net earnings | 36.69 | 79.20 | 102.93 | 75.81 | -11.07 |
Shareholders equity total | 136.09 | 215.29 | 318.22 | 199.03 | 187.96 |
Balance sheet total (assets) | 156.09 | 230.29 | 324.60 | 270.15 | 335.35 |
Net debt | 10.07 | -13.70 | - 203.07 | -92.71 | -12.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.7 % | 41.0 % | 66.4 % | 28.9 % | 0.1 % |
ROE | 31.2 % | 45.1 % | 38.6 % | 29.3 % | -5.7 % |
ROI | 26.7 % | 41.0 % | 66.4 % | 28.9 % | 0.1 % |
Economic value added (EVA) | -6.10 | -7.99 | -11.74 | -17.09 | -14.75 |
Solvency | |||||
Equity ratio | 87.2 % | 93.5 % | 98.0 % | 73.7 % | 56.0 % |
Gearing | 14.7 % | 7.0 % | 2.0 % | 35.7 % | 78.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.9 | 32.8 | 2.8 | 1.6 |
Current ratio | 0.5 | 1.9 | 32.8 | 2.8 | 1.6 |
Cash and cash equivalents | 9.93 | 28.70 | 209.45 | 163.84 | 160.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
Variable visualization
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