T. WESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 206.05 | 3 418.60 | 1 444.40 | 3 033.52 | 4 587.93 |
Shareholders equity total | 9 617.44 | 12 571.69 | 13 866.09 | 16 749.61 | 21 187.54 |
Balance sheet total (assets) | 9 620.44 | 24 711.91 | 24 105.93 | 25 669.36 | 27 433.42 |
Net debt | - 451.20 | 1 675.52 | 1 551.40 | 2 957.64 | 2 150.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | 13.5 % | 14.6 % | 15.0 % | 17.9 % |
ROE | 2.1 % | 30.8 % | 10.9 % | 19.8 % | 24.2 % |
ROI | 2.1 % | 20.5 % | 5.7 % | 13.8 % | 21.2 % |
Economic value added (EVA) | 5.64 | -22.88 | 393.99 | 311.09 | 91.54 |
Solvency | |||||
Equity ratio | 100.0 % | 50.9 % | 57.5 % | 65.3 % | 77.2 % |
Gearing | 14.3 % | 12.3 % | 18.7 % | 18.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 153.7 | 1.2 | 0.4 | 0.4 | 0.6 |
Current ratio | 153.7 | 1.2 | 0.4 | 0.4 | 0.6 |
Cash and cash equivalents | 451.20 | 124.48 | 149.09 | 172.69 | 1 772.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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