EXOWAVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EXOWAVE ApS
EXOWAVE ApS (CVR number: 36477865) is a company from ESBJERG. The company recorded a gross profit of 876.5 kDKK in 2023. The operating profit was -1763 kDKK, while net earnings were -1979.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -82.4 %, which can be considered poor and Return on Equity (ROE) was -138.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EXOWAVE ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -32.79 | - 128.72 | 33.47 | - 679.31 | 876.53 |
EBIT | -32.79 | - 128.72 | -1 340.85 | -2 008.44 | -1 763.02 |
Net earnings | - 330.48 | - 501.56 | -1 461.90 | -2 275.52 | -1 979.53 |
Shareholders equity total | - 396.06 | 669.04 | 1 591.14 | 1 082.76 | - 286.98 |
Balance sheet total (assets) | 329.65 | 1 067.36 | 3 246.07 | 2 747.25 | 1 769.99 |
Net debt | 710.71 | -1 008.95 | - 966.92 | -2 103.87 | - 114.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -53.7 % | -55.7 % | -67.6 % | -73.5 % | -82.4 % |
ROE | -86.0 % | -100.4 % | -129.4 % | -170.2 % | -138.8 % |
ROI | -55.1 % | -56.7 % | -96.4 % | -143.8 % | -361.3 % |
Economic value added (EVA) | -29.39 | -82.08 | -1 323.76 | -2 039.81 | -1 711.71 |
Solvency | |||||
Equity ratio | -54.6 % | 62.7 % | 49.0 % | 39.4 % | -14.0 % |
Gearing | -179.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 63.9 | 2.5 | 3.3 | 1.4 |
Current ratio | 0.1 | 63.9 | 2.5 | 3.3 | 1.4 |
Cash and cash equivalents | 1 008.95 | 966.92 | 2 103.87 | 114.30 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | C |
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