K. V. WESTH ApS — Credit Rating and Financial Key Figures

CVR number: 78827815
Store Søstræde 9, Rønne 3700 Rønne
kvw@kvw.dk
tel: 56950996

Credit rating

Company information

Official name
K. V. WESTH ApS
Established
1985
Domicile
Rønne
Company form
Private limited company
Industry

About K. V. WESTH ApS

K. V. WESTH ApS (CVR number: 78827815) is a company from BORNHOLMS REGIONSKOMMUNE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 36.3 % compared to the previous year. The operating profit percentage was at 50.8 % (EBIT: 0.1 mDKK), while net earnings were 74.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. V. WESTH 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales44.0047.2595.8092.02125.40
Gross profit27.3437.4783.8579.2663.71
EBIT27.3437.4783.8579.2663.71
Net earnings127.54105.86104.18127.7874.77
Shareholders equity total2 319.682 523.272 671.512 651.052 773.05
Balance sheet total (assets)2 473.162 635.222 717.372 840.052 773.05
Net debt- 109.73- 272.10- 354.25- 238.83- 409.08
Profitability
EBIT-%62.1 %79.3 %87.5 %86.1 %50.8 %
ROA6.1 %5.3 %5.0 %5.9 %3.6 %
ROE5.4 %4.4 %4.0 %4.8 %2.8 %
ROI6.4 %5.6 %5.2 %6.2 %3.8 %
Economic value added (EVA)22.3022.0567.4665.8946.11
Solvency
Equity ratio93.8 %95.8 %98.3 %93.3 %100.0 %
Gearing
Relative net indebtedness %99.4 %-339.0 %-321.9 %-54.1 %-326.2 %
Liquidity
Quick ratio0.97.07.91.3
Current ratio0.97.07.91.3
Cash and cash equivalents109.73272.10354.25238.83409.08
Capital use efficiency
Trade debtors turnover (days)72.435.7
Net working capital %-16.9 %510.6 %331.7 %54.1 %326.2 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.63%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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