W1968 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About W1968 ApS
W1968 ApS (CVR number: 10146321) is a company from KØBENHAVN. The company recorded a gross profit of -188.1 kDKK in 2024. The operating profit was -268.7 kDKK, while net earnings were -271.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. W1968 ApS's liquidity measured by quick ratio was 65.8 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 | -14.22 | -13.24 | - 151.13 | -59.38 | - 188.12 |
| EBIT | -14.22 | - 126.34 | - 273.68 | - 155.84 | - 268.66 |
| Net earnings | 3 936.42 | 2 050.21 | -4 363.70 | 2 476.15 | - 271.62 |
| Shareholders equity total | 6 132.80 | 7 783.01 | 3 018.31 | 5 494.47 | 5 222.84 |
| Balance sheet total (assets) | 8 631.67 | 8 518.67 | 3 749.70 | 5 602.97 | 7 716.64 |
| Net debt | -5 353.91 | -7 934.88 | -3 013.22 | -5 455.18 | -1 594.34 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 84.3 % | 31.4 % | -70.5 % | 53.1 % | -2.8 % |
| ROE | 93.3 % | 29.5 % | -80.8 % | 58.2 % | -5.1 % |
| ROI | 93.7 % | 34.5 % | -78.9 % | 57.5 % | -2.8 % |
| Economic value added (EVA) | - 148.17 | - 485.83 | - 669.78 | - 310.79 | - 547.11 |
| Solvency | |||||
| Equity ratio | 71.0 % | 91.4 % | 80.5 % | 98.1 % | 67.7 % |
| Gearing | 25.8 % | 1.3 % | 2.2 % | 0.9 % | 47.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.9 | 11.6 | 5.0 | 51.1 | 65.8 |
| Current ratio | 2.9 | 11.6 | 5.0 | 51.1 | 65.8 |
| Cash and cash equivalents | 6 937.38 | 8 034.47 | 3 078.57 | 5 501.95 | 4 064.67 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BB | BBB | BBB |
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