WeWatches ApS — Credit Rating and Financial Key Figures

WeWatches ApS (CVR number: 39325438) is a company from KØBENHAVN. The company recorded a gross profit of 1831.4 kDKK in 2024. The operating profit was 1223.9 kDKK, while net earnings were 479.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. WeWatches ApS's liquidity measured by quick ratio was 0.3 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.