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COPENHAGEN WATCHES ApS

CVR number: 13078505
Grønager 23, Gevninge 4000 Roskilde

Credit rating

Company information

Official name
COPENHAGEN WATCHES ApS
Personnel
1 person
Established
1989
Domicile
Gevninge
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

COPENHAGEN WATCHES ApS (CVR number: 13078505) is a company from LEJRE. The company recorded a gross profit of -138.1 kDKK in 2022. The operating profit was -140.6 kDKK, while net earnings were -111.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. COPENHAGEN WATCHES ApS's liquidity measured by quick ratio was 0.6 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
20182019202020212022
Volume
Net sales
Gross profit-75.67-52.57- 126.99- 180.50- 138.09
EBIT- 363.37- 267.52- 200.32- 266.47- 140.55
Net earnings- 475.85-18.28- 206.50240.30- 111.24
Shareholders equity total1 265.981 247.701 041.201 281.51638.40
Balance sheet total (assets)2 065.361 701.611 694.691 389.23811.02
Net debt- 546.85- 654.40- 381.03-3.07117.91
Profitability
EBIT-%
ROA-13.5 %0.9 %-10.5 %-0.1 %-12.6 %
ROE-31.6 %-1.5 %-18.0 %20.7 %-11.6 %
ROI-14.9 %0.9 %-10.9 %-0.1 %-13.6 %
Economic value added (EVA)- 523.90- 275.62- 209.78- 192.53- 173.87
Solvency
Equity ratio61.3 %73.3 %61.4 %92.2 %78.7 %
Gearing44.1 %32.5 %57.0 %18.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.51.77.60.6
Current ratio2.63.72.612.94.7
Cash and cash equivalents1 104.781 059.51974.763.072.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCB

Variable visualization

ROA:-12.6%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-06-14T09:40:05.242Z

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