WESTBANK HOLDING ApS — Credit Rating and Financial Key Figures

WESTBANK HOLDING ApS (CVR number: 25431545) is a company from THISTED. The company recorded a gross profit of 141.9 kDKK in 2023. The operating profit was 72.8 kDKK, while net earnings were 70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WESTBANK HOLDING ApS's liquidity measured by quick ratio was 5.3 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.