Credit rating
Company information
About COPENHAGEN WATCH GROUP A/S
COPENHAGEN WATCH GROUP A/S (CVR number: 36081481) is a company from HELSINGØR. The company recorded a gross profit of 2868.8 kDKK in 2023. The operating profit was -534.2 kDKK, while net earnings were -670.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COPENHAGEN WATCH GROUP A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 202.60 | 2 296.28 | 3 837.74 | 4 938.74 | 2 868.80 |
EBIT | 876.69 | - 817.18 | - 663.34 | 678.16 | - 534.18 |
Net earnings | 479.11 | -1 240.09 | - 865.85 | 78.37 | - 670.68 |
Shareholders equity total | 4 634.28 | 6 094.19 | 7 228.34 | 7 306.71 | 5 636.03 |
Balance sheet total (assets) | 10 602.10 | 10 086.28 | 11 460.08 | 10 811.70 | 10 838.13 |
Net debt | 3 380.10 | 1 474.28 | 1 961.92 | 1 325.61 | 2 704.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | -7.9 % | -4.4 % | 4.6 % | -4.8 % |
ROE | 10.9 % | -23.1 % | -13.0 % | 1.1 % | -10.4 % |
ROI | 10.3 % | -10.1 % | -5.5 % | 5.5 % | -5.9 % |
Economic value added (EVA) | 468.68 | - 875.26 | -1 099.28 | 171.54 | - 763.81 |
Solvency | |||||
Equity ratio | 43.7 % | 60.4 % | 63.1 % | 67.6 % | 52.0 % |
Gearing | 74.1 % | 26.9 % | 30.5 % | 23.9 % | 53.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.9 | 1.1 | 0.7 |
Current ratio | 1.8 | 2.5 | 2.5 | 2.9 | 1.9 |
Cash and cash equivalents | 51.62 | 167.51 | 244.74 | 418.46 | 281.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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