WAY OFF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WAY OFF ApS
WAY OFF ApS (CVR number: 32292496) is a company from KØBENHAVN. The company recorded a gross profit of -9.7 kDKK in 2024. The operating profit was -9.7 kDKK, while net earnings were -9.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. WAY OFF ApS's liquidity measured by quick ratio was 2.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 13.86 | -6.97 | -5.38 | -6.51 | -9.71 |
EBIT | 13.86 | -6.97 | -5.38 | -6.51 | -9.71 |
Net earnings | 11.13 | -5.50 | -5.42 | -6.51 | -9.71 |
Shareholders equity total | 63.99 | 58.49 | 53.06 | 46.56 | 36.85 |
Balance sheet total (assets) | 69.75 | 64.33 | 58.27 | 57.37 | 58.11 |
Net debt | -14.40 | -8.11 | -1.79 | 3.86 | 14.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.3 % | -10.4 % | -8.8 % | -11.3 % | -16.8 % |
ROE | 19.1 % | -9.0 % | -9.7 % | -13.1 % | -23.3 % |
ROI | 23.5 % | -11.4 % | -9.7 % | -12.5 % | -18.8 % |
Economic value added (EVA) | 8.47 | -16.15 | -16.13 | -17.30 | -20.22 |
Solvency | |||||
Equity ratio | 91.7 % | 90.9 % | 91.1 % | 81.1 % | 63.4 % |
Gearing | 10.2 % | 41.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.1 | 11.0 | 11.2 | 5.3 | 2.7 |
Current ratio | 12.1 | 11.0 | 11.2 | 5.3 | 2.7 |
Cash and cash equivalents | 14.40 | 8.11 | 1.79 | 0.87 | 0.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.