Watgen Medical A/S — Credit Rating and Financial Key Figures

Watgen Medical A/S (CVR number: 39708531) is a company from AARHUS. The company recorded a gross profit of -79.1 kDKK in 2021. The operating profit was -3651.3 kDKK, while net earnings were -2851 kDKK. The profitability of the company measured by Return on Assets (ROA) was -91.7 %, which can be considered poor and Return on Equity (ROE) was -73.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Watgen Medical A/S's liquidity measured by quick ratio was 54.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.