CWGO ApS — Credit Rating and Financial Key Figures

CVR number: 38322699
Gunderupvej 17, Kollund 7400 Herning

Credit rating

Company information

Official name
CWGO ApS
Established
2017
Domicile
Kollund
Company form
Private limited company
Industry

About CWGO ApS

CWGO ApS (CVR number: 38322699) is a company from HERNING. The company recorded a gross profit of -20.5 kDKK in 2023. The operating profit was -20.5 kDKK, while net earnings were -970.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CWGO ApS's liquidity measured by quick ratio was 53 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-77.27-35.83-51.19-46.62-20.54
EBIT-77.27-35.83-51.19-46.62-20.54
Net earnings176.09750.16- 244.751 001.89- 970.51
Shareholders equity total5 604.186 253.845 906.096 803.985 728.47
Balance sheet total (assets)5 622.186 273.845 926.096 850.578 129.47
Net debt-4 995.74-4 724.99-4 181.08-5 011.331 500.13
Profitability
EBIT-%
ROA4.1 %16.2 %3.2 %18.6 %1.2 %
ROE3.2 %12.7 %-4.0 %15.8 %-15.5 %
ROI4.2 %16.3 %3.2 %18.7 %1.2 %
Economic value added (EVA)-68.38-58.52- 128.02- 125.92- 110.69
Solvency
Equity ratio99.7 %99.7 %99.7 %99.3 %70.5 %
Gearing41.6 %
Relative net indebtedness %
Liquidity
Quick ratio295.7245.2216.6107.653.0
Current ratio295.7245.2216.6107.653.0
Cash and cash equivalents4 995.744 724.994 181.085 011.33880.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:1.17%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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