Watts A/S — Credit Rating and Financial Key Figures

CVR number: 41501480
Brogade 19 E, 4600 Køge
watts.dk

Company information

Official name
Watts A/S
Established
2020
Company form
Limited company
Industry

About Watts A/S

Watts A/S (CVR number: 41501480) is a company from KØGE. The company recorded a gross profit of -37505 kDKK in 2023. The operating profit was -37.5 mDKK, while net earnings were -30.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -106.4 %, which can be considered poor and Return on Equity (ROE) was -109.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Watts A/S's liquidity measured by quick ratio was 27.4 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
2021
2022
2023
Volume
Net sales
Gross profit-7 314.00-14 919.00-37 505.00
EBIT-7 314.00-14 919.00-37 505.00
Net earnings-5 740.00-11 846.00-30 342.00
Shareholders equity total5 260.005 414.0050 072.00
Balance sheet total (assets)15 059.0019 304.0051 127.00
Net debt-2 849.007 830.00
Profitability
EBIT-%
ROA-48.6 %-86.8 %-106.4 %
ROE-109.1 %-222.0 %-109.4 %
ROI-50.0 %-107.1 %-118.3 %
Economic value added (EVA)-5 705.68-11 311.32-29 516.93
Solvency
Equity ratio34.9 %28.0 %97.9 %
Gearing178.0 %144.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.427.4
Current ratio1.51.448.5
Cash and cash equivalents12 214.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-106.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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