WESTERGAARD HOLDING COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 71080714
Solvænget 30, 2800 Kongens Lyngby
olewestergaard5@outlook.com
tel: 45884463

Credit rating

Company information

Official name
WESTERGAARD HOLDING COMPANY ApS
Established
1982
Company form
Private limited company
Industry

About WESTERGAARD HOLDING COMPANY ApS

WESTERGAARD HOLDING COMPANY ApS (CVR number: 71080714) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -14.4 kDKK in 2023. The operating profit was -14.4 kDKK, while net earnings were 139.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WESTERGAARD HOLDING COMPANY ApS's liquidity measured by quick ratio was 19.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.26-67.56-35.31-37.93-14.43
EBIT-2.26-67.56-35.31-37.93-14.43
Net earnings8.26553.61-4.12- 260.15139.31
Shareholders equity total2 234.892 677.902 560.782 185.632 207.14
Balance sheet total (assets)2 234.893 289.832 676.492 309.042 325.97
Net debt- 419.07-7.89-2 375.10-2 198.33-2 215.26
Profitability
EBIT-%
ROA0.3 %20.1 %-0.6 %-1.5 %6.0 %
ROE0.4 %22.5 %-0.2 %-11.0 %6.3 %
ROI0.3 %20.1 %-0.6 %-1.5 %6.0 %
Economic value added (EVA)18.36-73.13-5.43-41.44-8.22
Solvency
Equity ratio100.0 %81.4 %95.7 %94.7 %94.9 %
Gearing22.9 %4.5 %5.1 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.023.118.719.6
Current ratio1.023.118.719.6
Cash and cash equivalents419.07619.822 490.812 309.042 325.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.01%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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