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Westwind Surf Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Westwind Surf Holding ApS
Westwind Surf Holding ApS (CVR number: 42404772) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -216.1 kDKK in 2025. The operating profit was -216.1 kDKK, while net earnings were 1476.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. Westwind Surf Holding ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.00 | -19.86 | - 109.55 | - 114.99 | - 216.15 |
| EBIT | -10.00 | -19.86 | - 109.55 | - 114.99 | - 216.15 |
| Net earnings | 4 756.64 | 2 437.84 | 1 130.84 | 862.98 | 1 476.70 |
| Shareholders equity total | 13 728.12 | 16 165.96 | 17 094.30 | 12 940.41 | 9 017.11 |
| Balance sheet total (assets) | 15 920.29 | 16 953.63 | 17 426.43 | 13 343.51 | 14 897.45 |
| Net debt | 1 341.52 | 61.76 | - 202.00 | - 481.42 | 2 956.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 29.9 % | 14.9 % | 0.8 % | 13.4 % | 10.7 % |
| ROE | 34.6 % | 16.3 % | 6.8 % | 5.7 % | 13.5 % |
| ROI | 31.5 % | 15.4 % | 6.9 % | 6.0 % | 11.9 % |
| Economic value added (EVA) | -7.80 | - 772.53 | - 948.13 | - 978.36 | - 924.45 |
| Solvency | |||||
| Equity ratio | 86.2 % | 95.4 % | 98.1 % | 97.0 % | 60.5 % |
| Gearing | 9.8 % | 0.4 % | 0.1 % | 38.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 12.6 | 16.6 | 11.0 | 0.7 |
| Current ratio | 0.9 | 12.6 | 16.6 | 11.0 | 0.7 |
| Cash and cash equivalents | 0.10 | 202.00 | 493.76 | 493.95 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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