CWD Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CWD Group ApS
CWD Group ApS (CVR number: 38189123) is a company from KØBENHAVN. The company recorded a gross profit of 5556.3 kDKK in 2023. The operating profit was -2969.4 kDKK, while net earnings were -4045.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CWD Group ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 806.23 | 3 466.09 | 4 633.34 | 5 820.33 | 5 556.28 |
EBIT | -1 991.21 | -2 085.62 | -1 821.31 | - 863.76 | -2 969.39 |
Net earnings | -2 297.41 | -2 451.13 | -2 363.58 | -1 399.66 | -4 045.85 |
Shareholders equity total | 9 984.28 | 14 333.15 | 11 969.58 | 11 050.16 | 7 004.31 |
Balance sheet total (assets) | 19 483.53 | 29 778.39 | 25 565.38 | 38 315.86 | 35 495.10 |
Net debt | 7 593.35 | 5 996.99 | 10 636.43 | 20 522.60 | 26 136.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.0 % | -8.5 % | -6.6 % | -2.7 % | -8.0 % |
ROE | -23.5 % | -20.2 % | -18.0 % | -12.2 % | -44.8 % |
ROI | -10.5 % | -9.1 % | -7.2 % | -2.5 % | -6.5 % |
Economic value added (EVA) | -2 562.52 | -2 470.39 | -1 974.84 | -1 112.62 | -4 133.28 |
Solvency | |||||
Equity ratio | 51.2 % | 48.1 % | 46.8 % | 39.5 % | 29.4 % |
Gearing | 84.5 % | 87.7 % | 97.2 % | 198.5 % | 374.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 2.2 | 0.5 | 35.8 | 2.2 |
Current ratio | 0.6 | 2.2 | 0.6 | 41.7 | 3.5 |
Cash and cash equivalents | 846.08 | 6 579.09 | 1 001.19 | 1 410.13 | 110.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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