Westing Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 42139653
Th. Bergs Gade 12, 9900 Frederikshavn
Free credit report Annual report

Credit rating

Company information

Official name
Westing Danmark A/S
Personnel
1 person
Established
2021
Company form
Limited company
Industry

About Westing Danmark A/S

Westing Danmark A/S (CVR number: 42139653) is a company from FREDERIKSHAVN. The company recorded a gross profit of 647.1 kDKK in 2024. The operating profit was -276 kDKK, while net earnings were -226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -19.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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 1.7 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
2021
2022
2023
2024
Volume
Net sales
Gross profit218.71676.891 135.33647.12
EBIT- 421.50- 174.28232.89- 276.03
Net earnings- 333.06- 154.67187.73- 226.72
Shareholders equity total1 266.941 112.271 300.011 073.29
Balance sheet total (assets)2 290.213 675.604 772.852 743.50
Net debt- 533.46407.34- 238.77- 500.36
Profitability
EBIT-%
ROA-18.4 %-5.6 %6.4 %-7.2 %
ROE-26.3 %-13.0 %15.6 %-19.1 %
ROI-33.0 %-11.3 %14.5 %-16.4 %
Economic value added (EVA)- 331.71- 201.0294.78- 318.04
Solvency
Equity ratio55.3 %30.3 %27.2 %39.1 %
Gearing0.9 %53.3 %55.5 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.61.01.7
Current ratio2.21.81.71.9
Cash and cash equivalents544.30185.81959.64733.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-7.24%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.