Chrono Watch ApS

Chrono Watch ApS (CVR number: 20805498) is a company from GENTOFTE. The company recorded a gross profit of 1518.2 kDKK in 2023. The operating profit was 722.9 kDKK, while net earnings were 497.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35 %, 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. Chrono Watch ApS's liquidity measured by quick ratio was 1.4 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.