Weesgaard Holding, Hirtshals ApS — Credit Rating and Financial Key Figures

CVR number: 40115803
Allingdamvej 13, Åbyen 9850 Hirtshals

Company information

Official name
Weesgaard Holding, Hirtshals ApS
Established
2018
Domicile
Åbyen
Company form
Private limited company
Industry

About Weesgaard Holding, Hirtshals ApS

Weesgaard Holding, Hirtshals ApS (CVR number: 40115803) is a company from HJØRRING. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -25.4 % compared to the previous year. The operating profit percentage was at 105.9 % (EBIT: 1.2 mDKK), while net earnings were 1175.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Weesgaard Holding, Hirtshals ApS's liquidity measured by quick ratio was 6.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 350.03669.84482.311 546.591 153.99
Gross profit1 381.40748.79589.911 636.371 291.65
EBIT1 359.90701.17527.761 574.221 222.40
Net earnings1 313.49682.31505.941 553.831 175.81
Shareholders equity total2 648.013 219.713 612.655 052.086 110.09
Balance sheet total (assets)4 152.524 381.564 729.166 329.747 383.43
Net debt854.00533.4633.06- 312.74-1 317.70
Profitability
EBIT-%100.7 %104.7 %109.4 %101.8 %105.9 %
ROA46.7 %16.7 %11.6 %28.5 %18.0 %
ROE64.2 %23.3 %14.8 %35.9 %21.1 %
ROI51.7 %17.4 %11.7 %29.4 %18.9 %
Economic value added (EVA)1 388.97702.45471.491 516.761 220.66
Solvency
Equity ratio63.8 %73.5 %76.4 %79.8 %82.8 %
Gearing41.2 %31.5 %26.5 %17.9 %14.1 %
Relative net indebtedness %92.6 %96.8 %28.4 %0.1 %-84.1 %
Liquidity
Quick ratio1.55.511.14.06.8
Current ratio1.55.511.14.06.8
Cash and cash equivalents236.02481.09925.601 217.732 182.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.5 %65.7 %185.5 %71.1 %194.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.8%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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