WAVECARE ApS — Credit Rating and Financial Key Figures

CVR number: 70520613
Carl Jacobsens Vej 20, 2500 Valby
ew@wavecare.com
tel: 33228802
www.wavecare.dk

Credit rating

Company information

Official name
WAVECARE ApS
Personnel
5 persons
Established
1982
Company form
Private limited company
Industry

About WAVECARE ApS

WAVECARE ApS (CVR number: 70520613) is a company from KØBENHAVN. The company recorded a gross profit of 1088.9 kDKK in 2023. The operating profit was -152.1 kDKK, while net earnings were -175.8 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 -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WAVECARE ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit464.38959.782 724.403 616.721 088.87
EBIT119.80448.581 868.252 479.29- 152.13
Net earnings115.38340.541 379.821 890.44- 175.85
Shareholders equity total677.561 018.102 397.924 288.364 112.51
Balance sheet total (assets)1 898.862 145.735 879.835 681.685 105.45
Net debt344.99185.62648.79- 485.45- 285.50
Profitability
EBIT-%
ROA6.7 %22.2 %46.6 %43.0 %-2.8 %
ROE18.6 %40.2 %80.8 %56.5 %-4.2 %
ROI11.8 %35.3 %82.2 %62.6 %-3.1 %
Economic value added (EVA)98.81328.921 370.591 797.70- 288.90
Solvency
Equity ratio35.7 %47.4 %40.8 %75.5 %80.6 %
Gearing62.6 %41.2 %28.6 %11.0 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.61.53.43.9
Current ratio1.21.61.74.05.1
Cash and cash equivalents79.44234.2837.00957.48791.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-2.76%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.6%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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