CWC FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CWC FINANS ApS
CWC FINANS ApS (CVR number: 39838729) is a company from AALBORG. The company recorded a gross profit of -10.2 kDKK in 2023. The operating profit was -10.2 kDKK, while net earnings were 2482.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 89.3 %, which can be considered excellent and Return on Equity (ROE) was 126.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. CWC FINANS ApS's liquidity measured by quick ratio was 0.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.29 | -7.06 | -5.00 | -1.34 | -10.25 |
EBIT | -9.29 | -7.06 | -5.00 | -1.34 | -10.25 |
Net earnings | 512.55 | -98.07 | 67.12 | 184.32 | 2 482.09 |
Shareholders equity total | 562.55 | 464.49 | 531.60 | 715.93 | 3 198.02 |
Balance sheet total (assets) | 1 262.40 | 990.34 | 1 035.35 | 1 261.73 | 4 399.17 |
Net debt | 447.51 | 485.63 | 484.59 | 495.36 | 475.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 48.6 % | -8.7 % | 4.3 % | 17.1 % | 89.3 % |
ROE | 91.1 % | -19.1 % | 13.5 % | 29.6 % | 126.8 % |
ROI | 60.7 % | -10.0 % | 4.4 % | 17.6 % | 103.4 % |
Economic value added (EVA) | -6.60 | -57.85 | -51.32 | -52.12 | -68.03 |
Solvency | |||||
Equity ratio | 44.6 % | 46.9 % | 51.3 % | 56.7 % | 72.7 % |
Gearing | 79.7 % | 104.7 % | 91.2 % | 69.3 % | 14.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 0.2 | 0.3 | 0.7 |
Current ratio | 0.4 | 0.2 | 0.2 | 0.3 | 0.7 |
Cash and cash equivalents | 0.71 | 0.46 | 0.10 | 0.61 | 0.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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