Westing Danmark A/S

CVR number: 42139653
Th. Bergs Gade 12, 9900 Frederikshavn

Credit rating

Company information

Official name
Westing Danmark A/S
Personnel
1 person
Established
2021
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Westing Danmark A/S

Westing Danmark A/S (CVR number: 42139653) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1135.3 kDKK in 2023. The operating profit was 232.9 kDKK, while net earnings were 187.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. Westing Danmark A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit218.71676.891 135.33
EBIT- 421.50- 174.28232.89
Net earnings- 333.06- 154.67187.73
Shareholders equity total1 266.941 112.271 300.01
Balance sheet total (assets)2 290.213 675.604 772.85
Net debt- 533.46407.34- 238.77
Profitability
EBIT-%
ROA-18.4 %-5.6 %6.4 %
ROE-26.3 %-13.0 %15.6 %
ROI-33.0 %-11.3 %14.5 %
Economic value added (EVA)- 331.71- 173.13133.92
Solvency
Equity ratio55.3 %30.3 %27.2 %
Gearing0.9 %53.3 %55.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.61.0
Current ratio2.21.81.7
Cash and cash equivalents544.30185.81959.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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