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: 28704054) is a company from HERNING. The company recorded a gross profit of 936.5 kDKK in 2022. The operating profit was 555.5 kDKK, while net earnings were 46.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 27.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN WESTERGAARD ApS's liquidity measured by quick ratio was 17.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit863.00936.49
EBIT486.00555.51
Net earnings- 151.0046 647.49
Shareholders equity total147 974.00194 433.12
Balance sheet total (assets)149 277.00198 144.55
Net debt-39 581.00-44 911.77
Profitability
EBIT-%
ROA3.6 %29.3 %
ROE-0.1 %27.2 %
ROI3.6 %29.4 %
Economic value added (EVA)345.064 604.93
Solvency
Equity ratio99.1 %98.1 %
Gearing0.4 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio44.017.2
Current ratio44.017.2
Cash and cash equivalents40 114.0047 812.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:29.3%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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