TOUCH WATER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOUCH WATER ApS
TOUCH WATER ApS (CVR number: 34354375) is a company from SILKEBORG. The company recorded a gross profit of -22.7 kDKK in 2023. The operating profit was -23.6 kDKK, while net earnings were -24 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TOUCH WATER ApS's liquidity measured by quick ratio was 0.8 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 | 2 159.30 | 1 878.74 | 1 989.01 | 260.05 | -22.75 |
EBIT | 141.57 | - 228.08 | - 244.50 | -38.32 | -23.60 |
Net earnings | 110.73 | - 181.38 | - 195.36 | -37.11 | -24.03 |
Shareholders equity total | 502.62 | 205.51 | 10.15 | -26.96 | -50.99 |
Balance sheet total (assets) | 771.95 | 682.25 | 336.89 | 205.18 | 188.96 |
Net debt | - 404.66 | - 291.68 | -6.73 | 120.60 | 147.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | -31.4 % | -48.0 % | -13.5 % | -10.0 % |
ROE | 21.7 % | -51.2 % | -181.2 % | -34.5 % | -12.2 % |
ROI | 25.2 % | -51.0 % | -89.0 % | -17.7 % | -10.9 % |
Economic value added (EVA) | 105.54 | - 180.21 | - 180.19 | -19.82 | -12.15 |
Solvency | |||||
Equity ratio | 65.1 % | 30.1 % | 3.0 % | -11.6 % | -21.3 % |
Gearing | 10.8 % | 60.6 % | 2067.6 % | -792.5 % | -431.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.4 | 1.0 | 0.9 | 0.8 |
Current ratio | 2.9 | 1.4 | 1.0 | 0.9 | 0.8 |
Cash and cash equivalents | 459.07 | 416.30 | 216.53 | 93.05 | 72.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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