WESTCOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 410.57 | 368.29 | 796.76 | 2 109.10 | 538.97 |
EBIT | 288.61 | 212.19 | 381.64 | 1 630.28 | 139.23 |
Net earnings | 161.28 | 152.60 | 289.89 | 1 202.81 | -81.72 |
Shareholders equity total | 1 229.41 | 1 382.01 | 1 671.90 | 2 874.72 | 2 793.00 |
Balance sheet total (assets) | 10 274.93 | 10 224.86 | 10 413.52 | 10 892.42 | 10 110.70 |
Net debt | 8 491.79 | 8 222.76 | 7 738.14 | 6 142.15 | 6 536.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 2.2 % | 4.2 % | 15.4 % | 1.5 % |
ROE | 14.0 % | 11.7 % | 19.0 % | 52.9 % | -2.9 % |
ROI | 3.3 % | 2.3 % | 4.4 % | 16.6 % | 1.6 % |
Economic value added (EVA) | -93.01 | - 162.59 | -44.03 | 953.88 | - 232.72 |
Solvency | |||||
Equity ratio | 12.1 % | 13.7 % | 16.3 % | 26.7 % | 28.0 % |
Gearing | 704.1 % | 610.6 % | 490.8 % | 246.4 % | 247.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.4 | 0.6 | 0.5 |
Current ratio | 0.3 | 0.3 | 0.4 | 0.6 | 0.5 |
Cash and cash equivalents | 164.88 | 215.49 | 468.40 | 941.57 | 375.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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