W-A-V-E-S ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About W-A-V-E-S ApS
W-A-V-E-S ApS (CVR number: 28857764) is a company from KØBENHAVN. The company recorded a gross profit of -54.6 kDKK in 2025. The operating profit was -54.6 kDKK, while net earnings were 870.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 154.1 %, which can be considered excellent and Return on Equity (ROE) was 1309 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -93.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. W-A-V-E-S 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -45.96 | -68.68 | -62.04 | -52.99 | -54.61 |
| EBIT | - 119.88 | - 130.10 | -91.38 | -69.85 | -54.61 |
| Net earnings | - 177.98 | - 252.84 | 134.34 | - 145.55 | 870.17 |
| Shareholders equity total | - 723.86 | - 976.70 | - 842.36 | - 987.92 | - 117.74 |
| Balance sheet total (assets) | 245.43 | 183.63 | 150.15 | 124.89 | 8.05 |
| Net debt | 949.10 | 1 130.96 | 965.73 | 1 097.33 | 106.42 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -13.1 % | -12.2 % | 19.4 % | -6.6 % | 154.1 % |
| ROE | -63.6 % | -117.9 % | 80.5 % | -105.8 % | 1309.0 % |
| ROI | -13.4 % | -12.4 % | 19.6 % | -6.7 % | 157.6 % |
| Economic value added (EVA) | - 128.26 | - 172.71 | -99.92 | -76.63 | -60.18 |
| Solvency | |||||
| Equity ratio | -74.7 % | -84.2 % | -84.9 % | -88.8 % | -93.6 % |
| Gearing | -131.2 % | -117.4 % | -116.0 % | -111.2 % | -95.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 1.2 | 0.8 | 0.3 | 0.6 |
| Current ratio | 2.7 | 1.5 | 1.1 | 0.6 | 0.6 |
| Cash and cash equivalents | 0.27 | 15.79 | 11.62 | 1.47 | 5.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | BB | B | B |
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