Watch Point ApS — Credit Rating and Financial Key Figures

CVR number: 42182702
Snuhøjvej 17, Nysted 8881 Thorsø

Credit rating

Company information

Official name
Watch Point ApS
Personnel
2 persons
Established
2021
Domicile
Nysted
Company form
Private limited company
Industry
  • Expand more icon800900

About Watch Point ApS

Watch Point ApS (CVR number: 42182702) is a company from FAVRSKOV. The company recorded a gross profit of 2373.2 kDKK in 2023. The operating profit was -420.3 kDKK, while net earnings were -366 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. Watch Point ApS's liquidity measured by quick ratio was 3.1 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
2021
2022
2023
Volume
Net sales
Gross profit3 913.473 867.202 373.17
EBIT406.43400.61- 420.34
Net earnings318.05305.95- 365.99
Shareholders equity total1 369.631 675.581 309.59
Balance sheet total (assets)2 186.782 453.991 666.08
Net debt- 378.93-1 105.69- 836.90
Profitability
EBIT-%
ROA18.6 %17.3 %-20.3 %
ROE23.2 %20.1 %-24.5 %
ROI28.4 %25.1 %-27.3 %
Economic value added (EVA)325.00311.47- 392.14
Solvency
Equity ratio62.6 %68.3 %78.6 %
Gearing1.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.93.1
Current ratio2.42.93.1
Cash and cash equivalents378.931 133.35836.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-20.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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