M. Westergaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. Westergaard Holding ApS
M. Westergaard Holding ApS (CVR number: 38684388) is a company from FREDERIKSHAVN. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 73 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M. Westergaard Holding ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.62 | -6.38 | -6.61 | -9.81 | -5.63 |
EBIT | -5.62 | -6.38 | -7.36 | -12.05 | -7.87 |
Net earnings | 183.84 | - 134.84 | -11.37 | -13.03 | 73.02 |
Shareholders equity total | 527.70 | 392.85 | 381.49 | 311.26 | 384.28 |
Balance sheet total (assets) | 752.34 | 396.85 | 385.49 | 315.26 | 885.84 |
Net debt | -32.62 | - 396.85 | - 330.24 | - 242.25 | 497.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.3 % | -21.9 % | -1.9 % | -3.4 % | 17.9 % |
ROE | 42.2 % | -29.3 % | -2.9 % | -3.8 % | 21.0 % |
ROI | 29.5 % | -22.1 % | -1.9 % | -3.5 % | 18.0 % |
Economic value added (EVA) | -20.97 | -31.25 | -7.16 | -14.63 | -10.33 |
Solvency | |||||
Equity ratio | 70.1 % | 99.0 % | 99.0 % | 98.7 % | 43.4 % |
Gearing | 129.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.2 | 99.2 | 82.6 | 60.6 | 1.7 |
Current ratio | 8.2 | 99.2 | 82.6 | 60.6 | 1.7 |
Cash and cash equivalents | 32.62 | 396.85 | 330.24 | 242.25 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | BBB | BBB | A |
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