WESTERGAARD DEVELOPMENT ApS

Q: What is the CVR number of WESTERGAARD DEVELOPMENT ApS?

WESTERGAARD DEVELOPMENT ApS is registered with CVR / Virk under CVR 35211748.

Q: What is the revenue of WESTERGAARD DEVELOPMENT ApS?

WESTERGAARD DEVELOPMENT ApS reported revenue of -DKK 2.2k in 2025.

Q: How many employees does WESTERGAARD DEVELOPMENT ApS have?

WESTERGAARD DEVELOPMENT ApS employs 1 people as of the latest annual report.

Q: Who is the CEO of WESTERGAARD DEVELOPMENT ApS?

Flemming Marius Westergaard is the CEO of WESTERGAARD DEVELOPMENT ApS.

Q: Where is WESTERGAARD DEVELOPMENT ApS headquartered?

WESTERGAARD DEVELOPMENT ApS's registered address is Gl Sognevej 11.

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CVR 35211748Gl Sognevej 11, 6740 BrammingBusiness and other management consultancy activities· NACE 7020Est. 2013 · 13 years old1 employees

Overview

WESTERGAARD DEVELOPMENT ApS is a Danish APS based in Bramming, operating in the Business and other management consultancy activities sector. Incorporated in 2013, the company has 1 employee and reported revenue of -DKK 2.2k in its latest annual filing.

Revenue 2025

-2.2K DKK

−106% vs 2024

EBITDA margin

1,234.6 %

−567% vs 2024

Net profit 2025

-27.6K DKK

-704% vs 2024

Key ratios

See full ratios →

51.8 %

Average

Around the average of companies in the same industry

20212025

2.1×

Average

Around the average of companies in the same industry

20212025

-29.5 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Revenue	-2.2K DKK	-106%
EBITDA	-27.3K DKK	-567%
Net profit	-27.6K DKK	-704%
Total assets	93.4K DKK	-24%
Equity	48.4K DKK	-36%
Employees	1	—

Contact

Address

Gl Sognevej 11, 6740 Bramming

Phone

+45 2982 6448

fm.westergaard@gmail.com

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), WESTERGAARD DEVELOPMENT ApS reported revenue of -DKK 2.2k, a decrease of 106% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 27.6k.

At the end of 2025, equity financed 51.8% of the balance sheet, and current assets covered short-term debt 2.1 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	-2	38	90	169	38
Staff expenses	-0	-0	-0	-107	-48
EBITDA	-27	6	52	37	-17
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-27	6	52	37	-17
Net financials	-0	0	-0	-0	-0
Profit before tax	-28	6	52	37	-17
Tax	-0	1	-0	-0	-0
Net profit	-28	5	52	37	-17

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	93	124	149	106	0
Equity	48	76	71	20	-17
Long-term debt	0	0	0	0	0
Short-term debt	45	48	78	86	17
Total debt	45	48	78	85	17

Financial ratios

5-year trend

EBITDA margin

<−999 %

20212025

Equity ratio

51.8 %

Average

Around the average of companies in the same industry

20212025

Return on equity

-56.9 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

Net profit margin

<−999 %

20212025

Asset turnover

-0.02×

Very weak

Among the 10% lowest rated companies in the industry

20212025

Debt / equity

0.93×

Weak

Among the 40% lowest rated companies in the industry

20212025

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 10% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 10% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
FM Flemming Marius Westergaard Chief Executive Officer	Chief Executive Officer	2013

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Flemming Marius Westergaard	Individual	100%	100%	2013

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of WESTERGAARD DEVELOPMENT ApS also hold positions in 1 other company.

Person	Role here	Other companies
Flemming Marius Westergaard	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of WESTERGAARD DEVELOPMENT ApS?

WESTERGAARD DEVELOPMENT ApS is registered with CVR / Virk under CVR 35211748.

What is the revenue of WESTERGAARD DEVELOPMENT ApS?

WESTERGAARD DEVELOPMENT ApS reported revenue of -DKK 2.2k in 2025.

How many employees does WESTERGAARD DEVELOPMENT ApS have?

WESTERGAARD DEVELOPMENT ApS employs 1 people as of the latest annual report.

Who is the CEO of WESTERGAARD DEVELOPMENT ApS?

Flemming Marius Westergaard is the CEO of WESTERGAARD DEVELOPMENT ApS.

Where is WESTERGAARD DEVELOPMENT ApS headquartered?

WESTERGAARD DEVELOPMENT ApS's registered address is Gl Sognevej 11.