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EUROWATER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROWATER HOLDING A/S
EUROWATER HOLDING A/S (CVR number: 27069150K) is a company from KØBENHAVN. The company reported a net sales of 459.9 mDKK in 2018, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 45.6 mDKK), while net earnings were 31.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EUROWATER HOLDING A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 374.55 | 364.25 | 364.68 | 417.87 | 459.91 |
| Gross profit | 192.47 | 196.91 | 197.69 | 217.92 | 236.94 |
| EBIT | 39.89 | 35.87 | 33.41 | 38.40 | 45.65 |
| Net earnings | 25.23 | 23.18 | 19.77 | 22.18 | 31.26 |
| Shareholders equity total | 139.97 | 153.15 | 106.37 | 120.99 | 144.81 |
| Balance sheet total (assets) | 260.08 | 267.85 | 272.70 | 300.49 | 298.63 |
| Net debt | -0.43 | 4.17 | -1.90 | -6.76 | |
| Profitability | |||||
| EBIT-% | 9.8 % | 9.2 % | 9.2 % | 9.9 % | |
| ROA | 13.9 % | 12.6 % | 13.6 % | 15.6 % | |
| ROE | 16.0 % | 15.5 % | 19.9 % | 24.0 % | |
| ROI | 18.2 % | 16.6 % | 18.5 % | 21.8 % | |
| Economic value added (EVA) | 18.92 | 16.26 | 12.29 | 16.98 | 25.43 |
| Solvency | |||||
| Equity ratio | 57.6 % | 40.7 % | 41.8 % | 50.1 % | |
| Gearing | 23.3 % | 37.5 % | 34.8 % | 27.3 % | |
| Relative net indebtedness % | 19.1 % | 33.5 % | 29.3 % | 21.0 % | |
| Liquidity | |||||
| Quick ratio | 1.7 | 1.3 | 1.3 | 1.3 | |
| Current ratio | 2.7 | 2.1 | 2.0 | 2.2 | |
| Cash and cash equivalents | 37.40 | 36.13 | 35.69 | 44.05 | 46.34 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 72.1 | 69.8 | 73.5 | 57.3 | |
| Net working capital % | 32.6 % | 28.9 % | 27.9 % | 26.7 % | |
| Credit risk | |||||
| Credit rating | AAA | AAA | AAA | AAA |
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