COPENHAGEN WATCH GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 36081481
Kronborg 3, 3000 Helsingør

Credit rating

Company information

Official name
COPENHAGEN WATCH GROUP A/S
Personnel
11 persons
Established
2014
Company form
Limited company
Industry

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 2810.7 kDKK in 2024. The operating profit was -445.3 kDKK, while net earnings were -460.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. COPENHAGEN WATCH GROUP A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 296.283 837.744 938.742 868.802 810.67
EBIT- 817.18- 663.34678.16- 534.18- 445.31
Net earnings-1 240.09- 865.8578.37- 670.68- 460.79
Shareholders equity total6 094.197 228.347 306.715 636.035 547.96
Balance sheet total (assets)10 086.2811 460.0810 811.7010 838.1314 003.35
Net debt1 474.281 961.921 325.612 704.442 100.21
Profitability
EBIT-%
ROA-7.9 %-4.4 %4.6 %-4.8 %-2.1 %
ROE-23.1 %-13.0 %1.1 %-10.4 %-8.2 %
ROI-10.1 %-5.5 %5.5 %-5.9 %-3.0 %
Economic value added (EVA)-1 061.52-1 195.9945.19- 875.36- 784.04
Solvency
Equity ratio60.4 %63.1 %67.6 %52.0 %39.6 %
Gearing26.9 %30.5 %23.9 %53.0 %52.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.91.10.70.8
Current ratio2.52.52.91.91.5
Cash and cash equivalents167.51244.74418.46281.29810.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.05%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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