SØREN WESTERGAARD ApS — Credit Rating and Financial Key Figures

SØREN WESTERGAARD ApS (CVR number: 28704054K) is a company from HERNING. The company reported a net sales of 1699.8 mDKK in 2022, demonstrating a growth of 85.7 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 62.4 mDKK), while net earnings were 51.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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 2.7 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.