ETHERWARE ApS — Credit Rating and Financial Key Figures

CVR number: 32661416
Bispebjerg Bakke 26 D, 2400 København NV

Credit rating

Company information

Official name
ETHERWARE ApS
Established
2009
Company form
Private limited company
Industry

About ETHERWARE ApS

ETHERWARE ApS (CVR number: 32661416) is a company from KØBENHAVN. The company recorded a gross profit of -17.1 kDKK in 2023. The operating profit was -17.1 kDKK, while net earnings were -45.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETHERWARE ApS's liquidity measured by quick ratio was 3.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.35-9.13-20.67-20.36-17.09
EBIT-8.35-9.13-20.67-20.36-17.09
Net earnings-8.50-14.243 476.37- 927.52-45.94
Shareholders equity total104.9390.693 567.052 525.142 361.40
Balance sheet total (assets)194.01230.554 090.103 189.832 687.51
Net debt-87.07-78.82-2 345.91-1 808.55-1 124.96
Profitability
EBIT-%
ROA-4.3 %-4.3 %178.5 %23.2 %-0.6 %
ROE-7.8 %-14.6 %190.1 %-30.4 %-1.9 %
ROI-7.6 %-9.3 %210.8 %-29.1 %-0.7 %
Economic value added (EVA)-9.75-10.02-19.27-81.73-53.10
Solvency
Equity ratio54.1 %39.3 %87.2 %79.2 %87.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.00.64.52.73.5
Current ratio1.00.64.52.73.5
Cash and cash equivalents87.0778.822 345.911 808.551 124.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-0.58%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.9%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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