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SØREN WESTERGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 28704054
Gl. Sundsvej 3, 7451 Sunds

Company information

Official name
SØREN WESTERGAARD ApS
Established
2005
Company form
Private limited company
Industry

About SØREN WESTERGAARD ApS

SØREN WESTERGAARD ApS (CVR number: 28704054K) is a company from HERNING. The company reported a net sales of 1921.2 mDKK in 2024, demonstrating a decline of -10.3 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 65.6 mDKK), while net earnings were 45.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, 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. SØREN WESTERGAARD ApS's liquidity measured by quick ratio was 4.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 017.92915.471 699.832 142.821 921.21
Gross profit1 017.92915.471 699.83129.82107.79
EBIT19.393.6462.4190.5865.60
Net earnings18.480.1051.5371.4145.28
Shareholders equity total154.98155.40205.29260.89300.17
Balance sheet total (assets)212.56213.69305.54366.83380.00
Net debt- 126.59- 119.53
Profitability
EBIT-%1.9 %0.4 %3.7 %4.2 %3.4 %
ROA9.2 %1.7 %24.0 %29.2 %19.4 %
ROE12.6 %0.1 %28.6 %30.8 %16.2 %
ROI9.2 %1.7 %24.0 %34.1 %25.5 %
Economic value added (EVA)12.49-4.1554.6060.0338.09
Solvency
Equity ratio100.0 %100.0 %100.0 %71.1 %79.0 %
Gearing0.3 %0.0 %
Relative net indebtedness %-1.0 %-2.1 %
Liquidity
Quick ratio4.24.9
Current ratio4.24.9
Cash and cash equivalents127.45119.55
Capital use efficiency
Trade debtors turnover (days)25.231.1
Net working capital %8.1 %9.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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