WESTERGAARD & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WESTERGAARD & SØN ApS
WESTERGAARD & SØN ApS (CVR number: 28480210) is a company from HVIDOVRE. The company recorded a gross profit of 1929.5 kDKK in 2024. The operating profit was 48.9 kDKK, while net earnings were -2.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WESTERGAARD & SØN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 474.77 | 918.20 | 1 210.04 | 1 012.92 | 1 929.55 |
EBIT | 770.80 | 43.28 | 187.49 | 35.34 | 48.89 |
Net earnings | 584.61 | 22.88 | 155.10 | 48.35 | -2.36 |
Shareholders equity total | 1 275.49 | 1 185.37 | 1 226.07 | 1 156.62 | 1 032.26 |
Balance sheet total (assets) | 2 377.18 | 1 723.20 | 1 794.84 | 2 207.19 | 2 525.92 |
Net debt | - 580.72 | - 239.83 | - 800.63 | - 453.63 | 70.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 39.6 % | 2.1 % | 10.7 % | 1.8 % | 2.1 % |
ROE | 56.3 % | 1.9 % | 12.9 % | 4.1 % | -0.2 % |
ROI | 59.3 % | 2.8 % | 12.3 % | 2.4 % | 2.9 % |
Economic value added (EVA) | 548.05 | -46.48 | 102.83 | -51.38 | -39.50 |
Solvency | |||||
Equity ratio | 53.7 % | 68.8 % | 68.3 % | 52.4 % | 40.9 % |
Gearing | 17.4 % | 25.2 % | 20.9 % | 27.7 % | 88.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 3.0 | 3.0 | 1.9 | 1.4 |
Current ratio | 2.0 | 3.0 | 3.0 | 1.9 | 1.4 |
Cash and cash equivalents | 802.20 | 538.58 | 1 056.61 | 773.88 | 843.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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