WATERMILL ApS — Credit Rating and Financial Key Figures

WATERMILL ApS (CVR number: 35024271K) is a company from IKAST-BRANDE. The company reported a net sales of 285.5 mDKK in 2022, demonstrating a growth of 19.9 % compared to the previous year. The operating profit percentage was at 32.9 % (EBIT: 94 mDKK), while net earnings were 77.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WATERMILL ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.