T. WESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27138551
Borrevej 36, 6400 Sønderborg

Company information

Official name
T. WESTERGAARD HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About T. WESTERGAARD HOLDING ApS

T. WESTERGAARD HOLDING ApS (CVR number: 27138551) is a company from SØNDERBORG. The company recorded a gross profit of -3.8 kDKK in 2023. The operating profit was -3.8 kDKK, while net earnings were 4587.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. T. WESTERGAARD HOLDING 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 profit-5.56-3.83-3.83-3.83-3.83
EBIT-5.56-3.83-3.83-3.83-3.83
Net earnings206.053 418.601 444.403 033.524 587.93
Shareholders equity total9 617.4412 571.6913 866.0916 749.6121 187.54
Balance sheet total (assets)9 620.4424 711.9124 105.9325 669.3627 433.42
Net debt- 451.201 675.521 551.402 957.642 150.61
Profitability
EBIT-%
ROA7.5 %13.5 %14.6 %15.0 %17.9 %
ROE2.1 %30.8 %10.9 %19.8 %24.2 %
ROI2.1 %20.5 %5.7 %13.8 %21.2 %
Economic value added (EVA)5.64-22.88393.99311.0991.54
Solvency
Equity ratio100.0 %50.9 %57.5 %65.3 %77.2 %
Gearing14.3 %12.3 %18.7 %18.5 %
Relative net indebtedness %
Liquidity
Quick ratio153.71.20.40.40.6
Current ratio153.71.20.40.40.6
Cash and cash equivalents451.20124.48149.09172.691 772.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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