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Mads Westergaard ApS — Credit Rating and Financial Key Figures

CVR number: 40005463
Limfjordsgade 184 A, Gjøl 9440 Aabybro
tel: 28978462
Free credit report Annual report

Company information

Official name
Mads Westergaard ApS
Established
2018
Domicile
Gjøl
Company form
Private limited company
Industry

About Mads Westergaard ApS

Mads Westergaard ApS (CVR number: 40005463) is a company from JAMMERBUGT. The company recorded a gross profit of 50.1 kDKK in 2024. The operating profit was 42.3 kDKK, while net earnings were 32.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, 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 9 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-26.75188.04127.1090.7250.11
EBIT-26.75188.04127.1090.7242.25
Net earnings-25.55144.8397.1270.1732.66
Shareholders equity total232.71377.53360.25312.63223.29
Balance sheet total (assets)240.90382.53383.62328.58251.29
Net debt- 234.75- 346.21- 370.65- 299.71- 219.72
Profitability
EBIT-%
ROA-8.2 %60.3 %33.2 %25.5 %14.6 %
ROE-9.9 %47.5 %26.3 %20.9 %12.2 %
ROI-9.9 %61.6 %34.5 %27.0 %15.8 %
Economic value added (EVA)-35.84134.9880.1952.5417.19
Solvency
Equity ratio96.6 %98.7 %93.9 %95.1 %88.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio29.476.516.420.69.0
Current ratio29.476.516.420.69.0
Cash and cash equivalents234.75346.21370.65299.71219.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:14.6%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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