Westergren IVS

CVR number: 37063592
Ronæsvænget 8, 2680 Solrød Strand
tel: 61518179

Credit rating

Company information

Official name
Westergren IVS
Established
2015
Company form
Entrepreneurial limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Westergren IVS

Westergren IVS (CVR number: 37063592) is a company from SOLRØD. The company recorded a gross profit of -15.9 kDKK in 2018. The operating profit was -15.9 kDKK, while net earnings were -40.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -77.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. Westergren IVS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales188.00
Gross profit142.85-12.53-15.89
EBIT126.96-13.51-15.89
Net earnings-20.40-40.23
Shareholders equity total156.3876.8526.63
Balance sheet total (assets)156.3889.1837.29
Net debt-0.97-3.79-2.25
Profitability
EBIT-%67.5 %
ROA81.2 %-3.8 %-8.0 %
ROE-17.5 %-77.7 %
ROI81.2 %-14.4 %-49.0 %
Economic value added (EVA)90.14-21.32-19.56
Solvency
Equity ratio100.0 %86.2 %71.4 %
Gearing
Relative net indebtedness %-0.5 %
Liquidity
Quick ratio1.30.2
Current ratio1.30.2
Cash and cash equivalents0.973.792.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %18.5 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-8.02%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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