QWC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About QWC ApS
QWC ApS (CVR number: 40265872) is a company from ALBERTSLUND. The company recorded a gross profit of 3926.4 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were 60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. QWC ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 157.94 | 1 783.85 | 3 584.28 | 3 886.97 | 3 926.40 |
EBIT | 629.06 | 116.03 | 1 017.82 | 302.67 | -11.81 |
Net earnings | 487.59 | 79.94 | 704.55 | 65.51 | 60.39 |
Shareholders equity total | 488.59 | - 189.25 | 515.29 | 580.80 | 641.19 |
Balance sheet total (assets) | 1 312.01 | 1 816.84 | 1 776.50 | 981.36 | 1 866.33 |
Net debt | -1.00 | - 640.44 | - 330.25 | -44.82 | - 361.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.4 % | 10.0 % | 55.7 % | 24.9 % | 8.8 % |
ROE | 99.8 % | 6.9 % | 60.4 % | 12.0 % | 9.9 % |
ROI | 132.2 % | 67.3 % | 408.2 % | 62.7 % | 20.5 % |
Economic value added (EVA) | 484.61 | 55.03 | 814.45 | 205.60 | -35.32 |
Solvency | |||||
Equity ratio | 37.2 % | -9.4 % | 29.0 % | 59.2 % | 34.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.9 | 1.3 | 2.1 | 1.3 |
Current ratio | 1.4 | 0.9 | 1.3 | 2.1 | 1.3 |
Cash and cash equivalents | 1.00 | 640.44 | 330.25 | 44.82 | 361.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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