WESTCOR A/S — Credit Rating and Financial Key Figures

CVR number: 13485488
Puggaardsgade 4, 1573 København V

Credit rating

Company information

Official name
WESTCOR A/S
Personnel
1 person
Established
1989
Company form
Limited company
Industry

About WESTCOR A/S

WESTCOR A/S (CVR number: 13485488) is a company from KØBENHAVN. The company recorded a gross profit of 539 kDKK in 2023. The operating profit was 139.2 kDKK, while net earnings were -81.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WESTCOR A/S's liquidity measured by quick ratio was 0.5 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 profit410.57368.29796.762 109.10538.97
EBIT288.61212.19381.641 630.28139.23
Net earnings161.28152.60289.891 202.81-81.72
Shareholders equity total1 229.411 382.011 671.902 874.722 793.00
Balance sheet total (assets)10 274.9310 224.8610 413.5210 892.4210 110.70
Net debt8 491.798 222.767 738.146 142.156 536.47
Profitability
EBIT-%
ROA3.1 %2.2 %4.2 %15.4 %1.5 %
ROE14.0 %11.7 %19.0 %52.9 %-2.9 %
ROI3.3 %2.3 %4.4 %16.6 %1.6 %
Economic value added (EVA)-93.01- 162.59-44.03953.88- 232.72
Solvency
Equity ratio12.1 %13.7 %16.3 %26.7 %28.0 %
Gearing704.1 %610.6 %490.8 %246.4 %247.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.60.5
Current ratio0.30.30.40.60.5
Cash and cash equivalents164.88215.49468.40941.57375.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:1.50%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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