Westring Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37689777
Skodsborg Strandvej 73, 2942 Skodsborg
frederikwestring@yahoo.dk
tel: 24210291
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Credit rating

Company information

Official name
Westring Holding ApS
Established
2016
Company form
Private limited company
Industry

About Westring Holding ApS

Westring Holding ApS (CVR number: 37689777) is a company from RUDERSDAL. The company recorded a gross profit of -19.1 kDKK in 2024. The operating profit was -19.1 kDKK, while net earnings were 2748.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.7 %, which can be considered excellent and Return on Equity (ROE) was 113 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Westring Holding ApS's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-26.78-10.78-9.31-24.00-19.14
EBIT-26.78-10.78-9.31-24.00-19.14
Net earnings-91.63-46.63-8.611 197.562 748.83
Shareholders equity total-83.91- 130.54- 139.151 058.413 807.24
Balance sheet total (assets)2 951.551 709.451 907.131 784.215 279.96
Net debt2 734.351 244.311 543.25341.86-69.55
Profitability
EBIT-%
ROA1.8 %1.7 %-0.5 %64.5 %78.7 %
ROE-6.2 %-2.0 %-0.5 %80.8 %113.0 %
ROI1.8 %2.0 %-0.6 %80.6 %91.6 %
Economic value added (EVA)- 156.36- 146.72-70.38-92.92-89.41
Solvency
Equity ratio-2.8 %-7.1 %-6.8 %59.3 %72.1 %
Gearing-3380.3 %-1062.2 %-1140.2 %40.0 %20.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.20.92.4
Current ratio0.60.40.20.92.4
Cash and cash equivalents102.18142.2843.3481.81850.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:78.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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