CARE2WEAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CARE2WEAR A/S
CARE2WEAR A/S (CVR number: 27593666) is a company from ROSKILDE. The company recorded a gross profit of 514.9 kDKK in 2023. The operating profit was -34 kDKK, while net earnings were -120.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.5 %, which can be considered poor and Return on Equity (ROE) was -47.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. CARE2WEAR A/S'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 771.20 | 874.39 | 706.74 | 672.06 | 514.95 |
EBIT | -10.05 | -2.85 | 2.38 | 174.61 | -34.01 |
Net earnings | -6.01 | 113.11 | 36.38 | 116.10 | - 120.08 |
Shareholders equity total | 45.44 | 158.56 | 194.93 | 311.04 | 190.96 |
Balance sheet total (assets) | 276.64 | 380.92 | 298.73 | 420.60 | 322.91 |
Net debt | -83.13 | - 137.37 | -12.05 | -55.81 | -83.93 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.2 % | 35.4 % | 11.3 % | 43.2 % | -34.5 % |
ROE | -12.4 % | 110.9 % | 20.6 % | 45.9 % | -47.8 % |
ROI | -12.8 % | 113.2 % | 21.4 % | 60.6 % | -50.8 % |
Economic value added (EVA) | -5.71 | -0.50 | 7.38 | 134.63 | -25.54 |
Solvency | |||||
Equity ratio | 16.4 % | 41.6 % | 65.3 % | 73.9 % | 59.1 % |
Gearing | 1.0 % | 2.8 % | 0.5 % | 0.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.3 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.1 | 1.3 | 1.3 | 1.2 |
Cash and cash equivalents | 83.13 | 138.89 | 17.47 | 57.33 | 85.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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