WeWatches ApS — Credit Rating and Financial Key Figures

WeWatches ApS (CVR number: 39325438) is a company from RUDERSDAL. The company recorded a gross profit of 1396.4 kDKK in 2023. The operating profit was 766.7 kDKK, while net earnings were 436.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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 1.2 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.