Mads Westergaard ApS — Credit Rating and Financial Key Figures

CVR number: 40005463
Limfjordsgade 184 A, Gjøl 9440 Aabybro
tel: 28978462

Credit rating

Company information

Official name
Mads Westergaard ApS
Established
2018
Domicile
Gjøl
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About Mads Westergaard ApS

Mads Westergaard ApS (CVR number: 40005463) is a company from JAMMERBUGT. The company recorded a gross profit of 90.7 kDKK in 2023. The operating profit was 90.7 kDKK, while net earnings were 70.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mads Westergaard ApS's liquidity measured by quick ratio was 20.6 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 profit298.86-26.75188.04127.1090.72
EBIT298.86-26.75188.04127.1090.72
Net earnings234.17-25.55144.8397.1270.17
Shareholders equity total284.17232.71377.53360.25312.63
Balance sheet total (assets)386.16240.90382.53383.62328.58
Net debt- 324.32- 234.75- 346.21- 370.65- 299.71
Profitability
EBIT-%
ROA77.8 %-8.2 %60.3 %33.2 %25.5 %
ROE82.4 %-9.9 %47.5 %26.3 %20.9 %
ROI105.7 %-9.9 %61.6 %34.5 %27.0 %
Economic value added (EVA)233.11-19.54146.7897.5971.16
Solvency
Equity ratio73.6 %96.6 %98.7 %93.9 %95.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.829.476.516.420.6
Current ratio3.829.476.516.420.6
Cash and cash equivalents324.32234.75346.21370.65299.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-04-30T02:54:04.154Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.