Split-Water ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Split-Water ApS
Split-Water ApS (CVR number: 43252216) is a company from GLOSTRUP. The company recorded a gross profit of 495.7 kDKK in 2024. The operating profit was -1752.8 kDKK, while net earnings were -1819.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -63.2 %, which can be considered poor and Return on Equity (ROE) was -165.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Split-Water ApS's liquidity measured by quick ratio was 1.3 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 financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 221.84 | 453.18 | 495.66 |
| EBIT | - 111.70 | - 644.82 | -1 752.83 |
| Net earnings | -92.18 | - 668.94 | -1 819.56 |
| Shareholders equity total | 1 802.32 | 1 133.38 | 1 063.82 |
| Balance sheet total (assets) | 1 893.81 | 1 770.72 | 3 769.22 |
| Net debt | -1 147.62 | - 590.76 | -2 072.26 |
| Profitability | |||
| EBIT-% | |||
| ROA | -5.9 % | -35.2 % | -63.2 % |
| ROE | -5.1 % | -45.6 % | -165.6 % |
| ROI | -6.2 % | -43.9 % | -159.5 % |
| Economic value added (EVA) | -89.39 | - 758.34 | -1 809.78 |
| Solvency | |||
| Equity ratio | 95.2 % | 64.0 % | 33.4 % |
| Gearing | |||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 19.8 | 2.0 | 1.3 |
| Current ratio | 19.8 | 2.0 | 1.0 |
| Cash and cash equivalents | 1 147.62 | 590.76 | 2 072.26 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BBB | BB |
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