Waseen Water P/S — Credit Rating and Financial Key Figures

Waseen Water P/S (CVR number: 42334227) is a company from HOLBÆK. The company recorded a gross profit of 3099.2 kDKK in 2023. The operating profit was 483.3 kDKK, while net earnings were 456.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Waseen Water P/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.