BIRGER WESTERGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 31777461
Kjellerupsvej 221, Gjøl 9440 Aabybro

Company information

Official name
BIRGER WESTERGAARD A/S
Established
2008
Domicile
Gjøl
Company form
Limited company
Industry

About BIRGER WESTERGAARD A/S

BIRGER WESTERGAARD A/S (CVR number: 31777461) is a company from JAMMERBUGT. The company recorded a gross profit of -14.5 kDKK in 2023. The operating profit was -14.5 kDKK, while net earnings were 142.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BIRGER WESTERGAARD A/S's liquidity measured by quick ratio was 10.7 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-12.46-14.76-17.70-14.31-14.51
EBIT-12.46-14.76-17.70-14.31-14.51
Net earnings22.15-14.62-94.69-57.59142.63
Shareholders equity total1 854.221 839.611 744.921 687.331 829.96
Balance sheet total (assets)1 972.561 973.331 896.391 857.372 029.24
Net debt-1 575.04-1 570.48-1 496.25-1 430.17-1 555.82
Profitability
EBIT-%
ROA1.6 %0.2 %0.6 %-0.1 %9.8 %
ROE1.2 %-0.8 %-5.3 %-3.4 %8.1 %
ROI1.7 %0.3 %0.7 %-0.1 %10.8 %
Economic value added (EVA)-20.15-25.54-31.51-23.66-24.24
Solvency
Equity ratio94.0 %93.2 %92.0 %90.8 %90.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio15.914.212.110.510.7
Current ratio15.914.212.110.510.7
Cash and cash equivalents1 575.041 570.481 496.251 430.171 555.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:9.83%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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