West & Wendelbo Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About West & Wendelbo Holding ApS
West & Wendelbo Holding ApS (CVR number: 37994537) is a company from HEDENSTED. The company recorded a gross profit of -2.3 kDKK in 2023. The operating profit was -2.3 kDKK, while net earnings were -48.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. West & Wendelbo Holding ApS's liquidity measured by quick ratio was 10.1 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 | -3.25 | -4.43 | -4.00 | -3.99 | -2.29 |
EBIT | -3.25 | -4.43 | -4.00 | -3.99 | -2.29 |
Net earnings | 495.30 | 250.37 | 129.43 | - 318.00 | -48.15 |
Shareholders equity total | 3 851.45 | 3 991.22 | 4 007.65 | 3 575.25 | 3 409.29 |
Balance sheet total (assets) | 6 174.58 | 5 067.00 | 4 693.54 | 3 661.88 | 3 745.68 |
Net debt | -2 499.47 | -2 233.70 | 675.44 | -2 916.25 | -2 888.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | 4.8 % | 2.9 % | -7.6 % | -0.8 % |
ROE | 13.5 % | 6.4 % | 3.2 % | -8.4 % | -1.4 % |
ROI | 10.3 % | 5.8 % | 3.2 % | -7.6 % | -0.8 % |
Economic value added (EVA) | 185.47 | 186.75 | 10.68 | - 151.48 | -8.39 |
Solvency | |||||
Equity ratio | 62.4 % | 78.8 % | 85.4 % | 97.6 % | 91.0 % |
Gearing | 36.6 % | 4.2 % | 17.0 % | 2.3 % | 9.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 3.1 | 5.3 | 37.1 | 10.1 |
Current ratio | 1.7 | 3.1 | 5.3 | 37.1 | 10.1 |
Cash and cash equivalents | 3 910.10 | 2 402.36 | 7.32 | 2 999.76 | 3 209.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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