COPENHAGEN WATCH GROUP A/S

CVR number: 36081481
Kronborg 3, 3000 Helsingør

Credit rating

Company information

Official name
COPENHAGEN WATCH GROUP A/S
Personnel
8 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 202.602 296.283 837.744 938.742 868.80
EBIT876.69- 817.18- 663.34678.16- 534.18
Net earnings479.11-1 240.09- 865.8578.37- 670.68
Shareholders equity total4 634.286 094.197 228.347 306.715 636.03
Balance sheet total (assets)10 602.1010 086.2811 460.0810 811.7010 838.13
Net debt3 380.101 474.281 961.921 325.612 704.44
Profitability
EBIT-%
ROA7.5 %-7.9 %-4.4 %4.6 %-4.8 %
ROE10.9 %-23.1 %-13.0 %1.1 %-10.4 %
ROI10.3 %-10.1 %-5.5 %5.5 %-5.9 %
Economic value added (EVA)468.68- 875.26-1 099.28171.54- 763.81
Solvency
Equity ratio43.7 %60.4 %63.1 %67.6 %52.0 %
Gearing74.1 %26.9 %30.5 %23.9 %53.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.91.10.7
Current ratio1.82.52.52.91.9
Cash and cash equivalents51.62167.51244.74418.46281.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-4.81%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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