WEST-MARINE A/S — Credit Rating and Financial Key Figures

CVR number: 13801282
Fiskerihavnsgade 30, 6700 Esbjerg

Credit rating

Company information

Official name
WEST-MARINE A/S
Personnel
27 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WEST-MARINE A/S

WEST-MARINE A/S (CVR number: 13801282) is a company from ESBJERG. The company recorded a gross profit of 22.3 mDKK in 2024. The operating profit was 4180.1 kDKK, while net earnings were 4661.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. WEST-MARINE A/S's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 733.8019 415.4922 416.0121 073.5622 318.98
EBIT- 106.572 492.214 539.393 390.984 180.09
Net earnings562.262 055.404 409.033 607.984 661.42
Shareholders equity total19 372.3121 427.7125 161.7424 394.7324 681.15
Balance sheet total (assets)27 837.4928 479.5034 901.7132 339.5931 129.26
Net debt-1 562.81- 840.15-1 707.93-2 184.78-3 741.01
Profitability
EBIT-%
ROA2.3 %9.4 %17.2 %12.6 %17.7 %
ROE2.9 %10.1 %18.9 %14.6 %19.0 %
ROI3.2 %12.8 %22.5 %16.6 %22.9 %
Economic value added (EVA)- 743.211 337.902 804.052 038.222 491.04
Solvency
Equity ratio69.6 %75.2 %72.1 %75.4 %79.3 %
Gearing0.1 %1.3 %6.4 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.91.91.72.0
Current ratio2.02.72.62.63.0
Cash and cash equivalents1 575.231 128.483 323.562 213.553 786.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

Companies in the same industry

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