WaterITech ApS — Credit Rating and Financial Key Figures

CVR number: 40272860
Krakesvej 53, Gram 8660 Skanderborg

Credit rating

Company information

Official name
WaterITech ApS
Personnel
3 persons
Established
2019
Domicile
Gram
Company form
Private limited company
Industry

About WaterITech ApS

WaterITech ApS (CVR number: 40272860) is a company from SKANDERBORG. The company recorded a gross profit of 2439.8 kDKK in 2024. The operating profit was 864.3 kDKK, while net earnings were 676.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WaterITech ApS's liquidity measured by quick ratio was 12.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit345.001 240.00796.002 400.002 439.82
EBIT345.001 240.00753.00916.00864.26
Net earnings261.00949.00576.00714.00676.66
Shareholders equity total547.001 246.001 222.001 537.001 613.26
Balance sheet total (assets)726.002 088.001 242.003 199.002 191.66
Net debt- 720.00-2 057.00-1 134.00-3 023.00-1 929.53
Profitability
EBIT-%
ROA48.4 %88.1 %45.2 %41.3 %32.3 %
ROE50.5 %105.9 %46.7 %51.8 %43.0 %
ROI66.8 %138.3 %61.0 %66.4 %55.3 %
Economic value added (EVA)243.57938.65524.30653.37596.18
Solvency
Equity ratio75.3 %97.1 %98.4 %80.9 %90.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.156.457.88.712.3
Current ratio4.12.557.81.93.8
Cash and cash equivalents720.002 057.001 134.003 023.001 929.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:32.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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