THOMAS H. WESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 38068660
Rigensgade 9 E, 1316 København K
tel: 40878077

Credit rating

Company information

Official name
THOMAS H. WESTERGAARD HOLDING ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About THOMAS H. WESTERGAARD HOLDING ApS

THOMAS H. WESTERGAARD HOLDING ApS (CVR number: 38068660) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 144.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS H. WESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 6.7 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
20192020202120222023
Volume
Net sales
Gross profit
EBIT-5.13-5.38-6.50-5.75-6.00
Net earnings114.7554.49113.35114.06144.13
Shareholders equity total3 165.683 164.873 165.233 164.893 191.22
Balance sheet total (assets)3 173.843 173.533 175.033 174.863 197.22
Net debt-13.81-13.00-14.35-14.02-40.34
Profitability
EBIT-%
ROA3.6 %1.7 %3.6 %3.6 %4.5 %
ROE3.6 %1.7 %3.6 %3.6 %4.5 %
ROI3.6 %1.7 %3.6 %3.6 %4.5 %
Economic value added (EVA)- 163.35- 163.60- 164.70- 163.89- 164.13
Solvency
Equity ratio99.7 %99.7 %99.7 %99.7 %99.8 %
Gearing0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.91.91.86.7
Current ratio2.11.91.91.86.7
Cash and cash equivalents16.9616.6518.1517.9840.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.52%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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