THOMAS WESTRING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29528705
Kultorvet 11, 1175 København K
tw@westring-kbh.dk
tel: 70204343

Company information

Official name
THOMAS WESTRING HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About THOMAS WESTRING HOLDING ApS

THOMAS WESTRING HOLDING ApS (CVR number: 29528705) is a company from KØBENHAVN. The company recorded a gross profit of -20.6 kDKK in 2024. The operating profit was -20.6 kDKK, while net earnings were 832.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS WESTRING HOLDING ApS's liquidity measured by quick ratio was 30.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-41.44-7.30-7.92-7.95-20.58
EBIT-41.44-7.30-7.92-7.95-20.58
Net earnings986.211 659.95973.292 350.03832.18
Shareholders equity total4 748.786 295.737 154.619 386.8410 097.02
Balance sheet total (assets)5 999.077 226.787 678.7510 173.2810 422.81
Net debt-3 158.38-4 488.95-4 795.67-6 776.76-9 535.10
Profitability
EBIT-%
ROA20.4 %27.9 %20.6 %28.6 %10.4 %
ROE22.9 %30.1 %14.5 %28.4 %8.5 %
ROI20.5 %28.0 %20.9 %28.9 %10.5 %
Economic value added (EVA)59.82102.6899.9197.73106.69
Solvency
Equity ratio79.2 %87.1 %93.2 %92.3 %96.9 %
Gearing26.2 %14.3 %5.5 %7.7 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.86.110.710.130.1
Current ratio3.86.110.710.130.1
Cash and cash equivalents4 403.685 386.415 187.487 495.029 783.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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