Watch World ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Watch World ApS
Watch World ApS (CVR number: 41659629) is a company from KØBENHAVN. The company recorded a gross profit of 6.1 kDKK in 2024. The operating profit was 6.1 kDKK, while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Watch World ApS's liquidity measured by quick ratio was 3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -4.18 | 27.69 | 87.92 | 6.07 |
EBIT | -4.18 | 27.69 | 87.92 | 6.07 |
Net earnings | -4.77 | 21.85 | 68.59 | 4.96 |
Shareholders equity total | 35.23 | 57.08 | 125.67 | 100.63 |
Balance sheet total (assets) | 46.25 | 62.63 | 150.52 | 142.34 |
Net debt | -37.11 | -12.78 | -91.81 | -77.78 |
Profitability | ||||
EBIT-% | ||||
ROA | -9.0 % | 50.9 % | 82.5 % | 4.3 % |
ROE | -13.5 % | 47.3 % | 75.1 % | 4.4 % |
ROI | -11.7 % | 59.3 % | 95.7 % | 5.0 % |
Economic value added (EVA) | -4.18 | 22.72 | 66.37 | 3.05 |
Solvency | ||||
Equity ratio | 76.2 % | 91.1 % | 83.5 % | 70.7 % |
Gearing | 1.6 % | 1.0 % | 0.4 % | 26.4 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.2 | 11.3 | 3.9 | 3.0 |
Current ratio | 4.2 | 11.3 | 6.1 | 3.4 |
Cash and cash equivalents | 37.66 | 13.32 | 92.36 | 104.35 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
Variable visualization
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