WATCH MEDIER A/S — Credit Rating and Financial Key Figures

CVR number: 26343372
Rådhuspladsen 37, 1550 København V

Credit rating

Company information

Official name
WATCH MEDIER A/S
Personnel
112 persons
Established
2001
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About WATCH MEDIER A/S

WATCH MEDIER A/S (CVR number: 26343372) is a company from KØBENHAVN. The company recorded a gross profit of 94.5 mDKK in 2023. The operating profit was 23.4 mDKK, while net earnings were -10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -133.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WATCH MEDIER A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit46 200.0057 700.0067 600.0083 894.0094 549.29
EBIT9 000.0016 400.0018 200.0017 040.0023 384.61
Net earnings6 300.00-1 400.00-2 900.00-8 580.00-10 616.60
Shareholders equity total20 200.0018 700.0017 670.158 233.377 619.40
Balance sheet total (assets)38 700.0040 100.0069 500.0072 958.0086 552.52
Net debt-9 928.0018 021.0021 128.07
Profitability
EBIT-%
ROA26.2 %41.6 %33.2 %-4.8 %-4.8 %
ROE37.0 %-7.2 %-15.9 %-66.2 %-133.9 %
ROI26.2 %41.6 %33.2 %-6.4 %-9.7 %
Economic value added (EVA)6 051.5210 628.9511 982.3212 077.3019 476.77
Solvency
Equity ratio100.0 %100.0 %100.0 %15.9 %13.1 %
Gearing361.3 %433.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.7
Current ratio0.50.5
Cash and cash equivalents9 928.0011 726.0011 911.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-4.78%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

Companies in the same industry

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