WESTERGAARDS HOTEL VIDEBÆK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WESTERGAARDS HOTEL VIDEBÆK ApS
WESTERGAARDS HOTEL VIDEBÆK ApS (CVR number: 19623076) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1442.3 kDKK in 2020. The operating profit was -57.4 kDKK, while net earnings were -172.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -58.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. WESTERGAARDS HOTEL VIDEBÆK ApS's liquidity measured by quick ratio was 1.6 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 379.25 | 5 988.19 | 4 782.35 | 3 431.76 | 1 442.27 |
EBIT | 550.30 | -51.39 | -3.17 | - 556.38 | -57.41 |
Net earnings | 342.93 | - 122.80 | -98.64 | - 547.82 | - 172.59 |
Shareholders equity total | 1 151.13 | 1 028.33 | 929.69 | 381.87 | 209.28 |
Balance sheet total (assets) | 5 616.38 | 5 426.46 | 5 242.56 | 4 623.32 | 562.91 |
Net debt | 1 459.07 | 1 514.97 | 1 894.25 | 1 363.39 | -89.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | -0.9 % | -0.1 % | -11.3 % | -2.2 % |
ROE | 29.8 % | -11.3 % | -10.1 % | -83.5 % | -58.4 % |
ROI | 13.2 % | -1.3 % | -0.1 % | -18.2 % | -5.3 % |
Economic value added (EVA) | 427.69 | - 160.20 | - 112.48 | - 529.50 | -58.78 |
Solvency | |||||
Equity ratio | 20.5 % | 19.0 % | 17.7 % | 8.3 % | 37.2 % |
Gearing | 140.9 % | 148.9 % | 205.1 % | 363.1 % | 0.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.4 | 0.1 | 1.6 |
Current ratio | 0.6 | 0.5 | 0.5 | 0.2 | 1.6 |
Cash and cash equivalents | 162.74 | 16.68 | 12.25 | 23.29 | 91.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
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