WaveCrest Holding A/S — Credit Rating and Financial Key Figures

CVR number: 41832630
Toldbodgade 18, 1253 København K

Company information

Official name
WaveCrest Holding A/S
Personnel
1 person
Established
2020
Company form
Limited company
Industry

About WaveCrest Holding A/S

WaveCrest Holding A/S (CVR number: 41832630) is a company from KØBENHAVN. The company recorded a gross profit of 247.7 kDKK in 2023. The operating profit was -347.7 kDKK, while net earnings were -317.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.1 %, 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. WaveCrest Holding A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit- 165.27-2 801.86247.67
EBIT- 165.27-2 801.86- 347.67
Net earnings- 992.88-70.31- 317.69
Shareholders equity total- 592.8826 726.2126 327.05
Balance sheet total (assets)24 319.9634 271.0441 061.01
Net debt24 818.066 616.3214 231.57
Profitability
EBIT-%
ROA-4.0 %-0.7 %-1.5 %
ROE-4.1 %-0.3 %-1.2 %
ROI-4.0 %-0.8 %-1.5 %
Economic value added (EVA)- 151.34-1 567.9741.65
Solvency
Equity ratio-2.4 %78.0 %64.1 %
Gearing-4196.9 %24.8 %54.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.20.5
Current ratio1.00.20.5
Cash and cash equivalents64.789.57139.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:-1.46%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

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