Westergaard.io ApS — Credit Rating and Financial Key Figures

CVR number: 36732199
Bogholder Allé 42, 2720 Vanløse

Credit rating

Company information

Official name
Westergaard.io ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Westergaard.io ApS

Westergaard.io ApS (CVR number: 36732199) is a company from KØBENHAVN. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 23.9 % (EBIT: 0.3 mDKK), while net earnings were 237.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.5 %, which can be considered excellent and Return on Equity (ROE) was 70.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Westergaard.io ApS's liquidity measured by quick ratio was 1.6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales278.80873.631 192.071 270.26
Gross profit105.2997.33619.681 101.481 060.63
EBIT49.40- 427.6444.95476.93303.57
Net earnings753.10- 335.9611.64383.66237.16
Shareholders equity total669.04193.08144.72418.38255.54
Balance sheet total (assets)720.72370.17349.82747.70564.07
Net debt- 552.42- 103.53-63.01- 464.83- 263.99
Profitability
EBIT-%-153.4 %5.1 %40.0 %23.9 %
ROA129.8 %-78.4 %12.5 %90.1 %46.5 %
ROE166.7 %-77.9 %6.9 %136.3 %70.4 %
ROI169.4 %-98.7 %26.2 %170.7 %86.6 %
Economic value added (EVA)38.70- 337.9132.11366.04241.32
Solvency
Equity ratio92.8 %52.2 %41.4 %56.0 %45.3 %
Gearing2.2 %0.4 %3.8 %5.8 %
Relative net indebtedness %24.9 %16.2 %-12.7 %2.3 %
Liquidity
Quick ratio10.81.41.12.11.6
Current ratio10.81.41.12.11.6
Cash and cash equivalents552.42107.7863.53480.66278.86
Capital use efficiency
Trade debtors turnover (days)67.528.464.146.5
Net working capital %27.1 %1.8 %30.3 %15.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:46.5%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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