WESTERGAARDEN ApS — Credit Rating and Financial Key Figures

CVR number: 80569815
Vesterbrogade 24, 8800 Viborg
post@westergaarden.dk
tel: 40271665

Company information

Official name
WESTERGAARDEN ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry

About WESTERGAARDEN ApS

WESTERGAARDEN ApS (CVR number: 80569815) is a company from VIBORG. The company recorded a gross profit of 687.5 kDKK in 2023. The operating profit was 348 kDKK, while net earnings were 248 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. WESTERGAARDEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit734.80903.501 368.08852.96687.46
EBIT728.76747.461 052.57522.57347.99
Net earnings555.96566.76806.43383.43247.98
Shareholders equity total7 248.817 165.577 572.007 555.437 303.41
Balance sheet total (assets)9 316.599 592.939 929.559 915.179 703.39
Net debt- 440.55- 474.9285.73115.9590.61
Profitability
EBIT-%
ROA7.8 %7.9 %10.8 %5.3 %3.5 %
ROE7.9 %7.9 %10.9 %5.1 %3.3 %
ROI8.0 %8.2 %11.2 %5.4 %3.7 %
Economic value added (EVA)271.29240.17484.8048.00-88.97
Solvency
Equity ratio79.1 %74.7 %76.3 %76.2 %75.3 %
Gearing6.6 %6.6 %7.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.00.50.50.6
Current ratio2.11.00.50.50.6
Cash and cash equivalents440.55474.92415.48383.18434.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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