WEST WAY ApS — Credit Rating and Financial Key Figures

CVR number: 76254613
Carl Nielsens Vej 13, 6800 Varde

Credit rating

Company information

Official name
WEST WAY ApS
Established
1984
Company form
Private limited company
Industry
  • Expand more icon642110

About WEST WAY ApS

WEST WAY ApS (CVR number: 76254613) is a company from VARDE. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were 69.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, 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 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WEST WAY ApS's liquidity measured by quick ratio was 23.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.05-41.41-4.17-11.50-7.06
EBIT-8.05-41.41-4.17-11.50-7.06
Net earnings103.714.8947.18- 183.8769.70
Shareholders equity total1 656.531 511.421 445.601 147.331 099.23
Balance sheet total (assets)1 675.581 522.501 466.471 240.421 148.32
Net debt-1 578.34-1 521.91-1 466.47-1 153.33-1 101.23
Profitability
EBIT-%
ROA6.7 %0.4 %4.1 %-0.8 %5.8 %
ROE6.2 %0.3 %3.2 %-14.2 %6.2 %
ROI6.8 %0.4 %4.1 %-0.9 %5.9 %
Economic value added (EVA)-9.31-30.90-2.73-10.46-2.38
Solvency
Equity ratio98.9 %99.3 %98.6 %92.5 %95.7 %
Gearing7.6 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio82.9137.470.313.323.4
Current ratio82.9137.470.313.323.4
Cash and cash equivalents1 578.341 521.911 466.471 240.421 144.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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