Watersport Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Watersport Denmark ApS
Watersport Denmark ApS (CVR number: 43313029) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -54.3 kDKK in 2023. The operating profit was -81.2 kDKK, while net earnings were -64.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.1 %, which can be considered poor and Return on Equity (ROE) was -41.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Watersport Denmark 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 62.63 | -54.34 |
EBIT | 62.63 | -81.21 |
Net earnings | 47.44 | -64.58 |
Shareholders equity total | 87.44 | -1.99 |
Balance sheet total (assets) | 131.61 | 226.66 |
Net debt | 15.62 | 116.31 |
Profitability | ||
EBIT-% | ||
ROA | 47.6 % | -45.1 % |
ROE | 54.3 % | -41.1 % |
ROI | 54.5 % | -62.4 % |
Economic value added (EVA) | 47.78 | -68.63 |
Solvency | ||
Equity ratio | 66.4 % | -0.9 % |
Gearing | 25.7 % | -7282.3 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.8 | 0.6 |
Current ratio | 1.1 | 0.7 |
Cash and cash equivalents | 6.88 | 28.90 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | BB |
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