WESSBERG OG KORSGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WESSBERG OG KORSGAARD A/S
WESSBERG OG KORSGAARD A/S (CVR number: 71059715) is a company from HERLEV. The company recorded a gross profit of 46.3 kDKK in 2023. The operating profit was 46.3 kDKK, while net earnings were 2109.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WESSBERG OG KORSGAARD A/S's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 426.12 | 114.46 | 649.57 | 219.03 | 46.34 |
EBIT | -1 610.16 | - 233.54 | 305.57 | 219.03 | 46.34 |
Net earnings | 809.68 | 9 477.36 | 2 027.14 | -2 240.89 | 2 109.85 |
Shareholders equity total | 41 390.59 | 49 267.95 | 51 295.09 | 67 097.63 | 67 607.48 |
Balance sheet total (assets) | 110 209.49 | 128 036.68 | 135 143.13 | 142 115.78 | 145 869.93 |
Net debt | -34 388.45 | -43 279.10 | -46 578.43 | - 114 466.31 | - 117 437.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | 8.1 % | 2.1 % | 1.8 % | 3.0 % |
ROE | 2.0 % | 20.9 % | 4.0 % | -3.8 % | 3.1 % |
ROI | 1.0 % | 8.2 % | 2.1 % | 2.4 % | 5.0 % |
Economic value added (EVA) | 1 484.32 | 3 051.10 | 4 040.81 | 4 309.75 | 4 723.39 |
Solvency | |||||
Equity ratio | 37.6 % | 38.5 % | 38.0 % | 47.2 % | 46.3 % |
Gearing | 163.1 % | 158.2 % | 162.5 % | 3.6 % | 4.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 1.6 | 1.6 | 1.6 |
Current ratio | 1.5 | 1.6 | 1.6 | 1.6 | 1.6 |
Cash and cash equivalents | 101 908.00 | 121 200.01 | 129 914.01 | 116 850.99 | 120 498.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | BBB | A |
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