WESTBANK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25431545
Bygmarken 12, 7730 Hanstholm
Free credit report Annual report

Company information

Official name
WESTBANK HOLDING ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About WESTBANK HOLDING ApS

WESTBANK HOLDING ApS (CVR number: 25431545) is a company from THISTED. The company recorded a gross profit of -63.1 kDKK in 2024. The operating profit was -278.1 kDKK, while net earnings were -285.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.8 %, 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 2.1 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-99.61- 125.28- 121.94141.88-63.08
EBIT- 250.05- 233.77- 225.7872.85- 278.07
Net earnings- 204.33- 184.16- 215.3970.11- 285.12
Shareholders equity total2 079.051 894.881 679.491 749.601 342.49
Balance sheet total (assets)2 239.142 126.192 012.861 872.781 528.57
Net debt-22.50-11.2487.94- 304.16- 388.66
Profitability
EBIT-%
ROA-9.9 %-10.6 %-10.7 %3.9 %-16.4 %
ROE-9.1 %-9.3 %-12.1 %4.1 %-18.4 %
ROI-10.6 %-11.3 %-12.0 %4.4 %-18.0 %
Economic value added (EVA)- 323.69- 290.43- 302.74-15.96- 365.99
Solvency
Equity ratio92.9 %89.1 %83.4 %93.4 %87.8 %
Gearing5.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.60.60.45.32.1
Current ratio1.60.60.45.32.1
Cash and cash equivalents22.5011.24304.16388.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-16.4%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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