WatchTrends ApS

CVR number: 39125234
Literbuen 2, 2740 Skovlunde

Credit rating

Company information

Official name
WatchTrends ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About WatchTrends ApS

WatchTrends ApS (CVR number: 39125234) is a company from BALLERUP. The company recorded a gross profit of -67.8 kDKK in 2023. The operating profit was -1817.8 kDKK, while net earnings were -1922 kDKK. The profitability of the company measured by Return on Assets (ROA) was -96.7 %, which can be considered poor and Return on Equity (ROE) was -174 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.8 %, 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. WatchTrends ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit743.111 360.46715.64142.48-67.83
EBIT743.111 360.46715.64142.48-1 817.83
Net earnings573.611 050.99552.3197.17-1 922.00
Shareholders equity total761.931 702.322 141.622 124.3984.59
Balance sheet total (assets)1 740.183 192.124 153.113 035.28719.59
Net debt755.62143.66608.33471.86- 613.35
Profitability
EBIT-%
ROA57.7 %55.2 %20.0 %4.2 %-96.7 %
ROE120.7 %85.3 %28.7 %4.6 %-174.0 %
ROI65.2 %68.3 %26.1 %4.9 %-116.5 %
Economic value added (EVA)581.731 021.00500.9920.39-1 902.88
Solvency
Equity ratio43.8 %53.3 %51.6 %70.0 %11.8 %
Gearing99.2 %44.9 %46.9 %42.5 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.71.21.41.1
Current ratio1.82.12.13.31.1
Cash and cash equivalents0.18620.14395.47431.94617.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-96.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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