Watchfelt ApS — Credit Rating and Financial Key Figures

Watchfelt ApS (CVR number: 37919063) is a company from VEJLE. The company recorded a gross profit of -284.2 kDKK in 2018. The operating profit was -284.9 kDKK, while net earnings were -214.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -101.2 %, which can be considered poor and Return on Equity (ROE) was -192.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Watchfelt ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.