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WEST-COAST REAL ESTATE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WEST-COAST REAL ESTATE A/S
WEST-COAST REAL ESTATE A/S (CVR number: 32650244) is a company from VARDE. The company recorded a gross profit of -1240.6 kDKK in 2025. The operating profit was -1240.6 kDKK, while net earnings were 1129.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WEST-COAST REAL ESTATE A/S's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 111.60 | -1 168.58 | -1 213.10 | -1 249.28 | -1 240.58 |
| EBIT | -1 111.60 | -1 168.58 | -1 213.10 | -1 249.28 | -1 240.58 |
| Net earnings | 9 664.94 | 3 497.43 | 1 877.42 | 1 068.77 | 1 129.46 |
| Shareholders equity total | 60 880.93 | 62 198.85 | 53 417.58 | 54 316.01 | 55 445.47 |
| Balance sheet total (assets) | 72 091.00 | 67 984.97 | 56 483.05 | 54 873.05 | 57 276.11 |
| Net debt | 4 712.18 | -1 533.15 | - 740.96 | -2 663.80 | -2 214.79 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.2 % | 5.1 % | 2.7 % | 1.5 % | 1.6 % |
| ROE | 16.8 % | 5.7 % | 3.2 % | 2.0 % | 2.1 % |
| ROI | 15.7 % | 5.2 % | 2.7 % | 1.5 % | 1.6 % |
| Economic value added (EVA) | -3 593.91 | -4 715.88 | -4 343.25 | -3 808.37 | -3 709.72 |
| Solvency | |||||
| Equity ratio | 84.5 % | 91.5 % | 94.6 % | 99.0 % | 96.8 % |
| Gearing | 16.0 % | 8.7 % | 5.6 % | 0.4 % | 3.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 2.0 | 2.5 | 7.8 | 2.6 |
| Current ratio | 1.4 | 2.0 | 2.5 | 7.8 | 2.6 |
| Cash and cash equivalents | 5 000.01 | 6 926.10 | 3 740.96 | 2 905.92 | 3 951.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | AA | AA | AA |
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