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 FREDERIKSSUND. The company reported a net sales of 0.3 mDKK in 2024. The operating profit percentage was poor at -8.2 % (EBIT: -0 mDKK), while net earnings were -31 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14 %. 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 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 264.54 | ||
Gross profit | 62.63 | -54.34 | 5.85 |
EBIT | 62.63 | -81.21 | -21.64 |
Net earnings | 47.44 | -64.58 | -30.99 |
Shareholders equity total | 87.44 | -1.99 | -35.67 |
Balance sheet total (assets) | 131.61 | 226.66 | 219.02 |
Net debt | 15.62 | 116.31 | 113.50 |
Profitability | |||
EBIT-% | -8.2 % | ||
ROA | 47.6 % | -45.1 % | -9.0 % |
ROE | 54.3 % | -41.1 % | -13.9 % |
ROI | 54.5 % | -62.4 % | -11.7 % |
Economic value added (EVA) | 47.78 | -70.35 | -25.56 |
Solvency | |||
Equity ratio | 66.4 % | -0.9 % | -14.0 % |
Gearing | 25.7 % | -7282.3 % | -629.7 % |
Relative net indebtedness % | 54.3 % | ||
Liquidity | |||
Quick ratio | 0.8 | 0.6 | 0.6 |
Current ratio | 1.1 | 0.7 | 0.7 |
Cash and cash equivalents | 6.88 | 28.90 | 111.10 |
Capital use efficiency | |||
Trade debtors turnover (days) | 29.0 | ||
Net working capital % | -32.7 % | ||
Credit risk | |||
Credit rating | BB | B | BB |
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