WEST-STAR HOLLAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WEST-STAR HOLLAND A/S
WEST-STAR HOLLAND A/S (CVR number: 32654770) is a company from ODENSE. The company recorded a gross profit of -13.6 kDKK in 2023. The operating profit was -13.6 kDKK, while net earnings were 342 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WEST-STAR HOLLAND A/S's liquidity measured by quick ratio was 10.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 242.68 | -29.56 | -18.58 | -23.69 | -13.56 |
EBIT | - 297.66 | -29.56 | -18.58 | -23.69 | -13.56 |
Net earnings | - 326.15 | 367.51 | 196.37 | 264.28 | 341.99 |
Shareholders equity total | 7 529.43 | 7 896.94 | 1 093.31 | 1 357.60 | 1 699.59 |
Balance sheet total (assets) | 22 171.86 | 22 529.88 | 15 416.11 | 15 679.57 | 1 884.15 |
Net debt | 4 624.34 | 14 001.61 | 14 190.94 | 14 186.42 | -1 796.05 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.3 % | 2.1 % | 1.8 % | 2.2 % | 5.3 % |
ROE | -4.2 % | 4.8 % | 4.4 % | 21.6 % | 22.4 % |
ROI | -0.3 % | 2.2 % | 1.8 % | 2.2 % | 5.4 % |
Economic value added (EVA) | - 600.13 | 85.39 | - 394.85 | -70.58 | -75.73 |
Solvency | |||||
Equity ratio | 34.0 % | 35.1 % | 7.1 % | 8.7 % | 90.2 % |
Gearing | 190.1 % | 180.5 % | 1303.1 % | 1049.5 % | 5.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.1 | 1.1 | 10.2 |
Current ratio | 1.5 | 1.5 | 1.1 | 1.1 | 10.2 |
Cash and cash equivalents | 9 686.90 | 251.19 | 56.50 | 61.02 | 1 884.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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