BIRGER WESTERGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 22.15 | -14.62 | -94.69 | -57.59 | 142.63 |
Shareholders equity total | 1 854.22 | 1 839.61 | 1 744.92 | 1 687.33 | 1 829.96 |
Balance sheet total (assets) | 1 972.56 | 1 973.33 | 1 896.39 | 1 857.37 | 2 029.24 |
Net debt | -1 575.04 | -1 570.48 | -1 496.25 | -1 430.17 | -1 555.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | 0.2 % | 0.6 % | -0.1 % | 9.8 % |
ROE | 1.2 % | -0.8 % | -5.3 % | -3.4 % | 8.1 % |
ROI | 1.7 % | 0.3 % | 0.7 % | -0.1 % | 10.8 % |
Economic value added (EVA) | -20.15 | -25.54 | -31.51 | -23.66 | -24.24 |
Solvency | |||||
Equity ratio | 94.0 % | 93.2 % | 92.0 % | 90.8 % | 90.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.9 | 14.2 | 12.1 | 10.5 | 10.7 |
Current ratio | 15.9 | 14.2 | 12.1 | 10.5 | 10.7 |
Cash and cash equivalents | 1 575.04 | 1 570.48 | 1 496.25 | 1 430.17 | 1 555.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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