Waves Hvidevarer ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Waves Hvidevarer ApS
Waves Hvidevarer ApS (CVR number: 36562692) is a company from GLOSTRUP. The company recorded a gross profit of 1777.2 kDKK in 2024. The operating profit was -95.2 kDKK, while net earnings were -98.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.8 %, 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. Waves Hvidevarer ApS's liquidity measured by quick ratio was 0.7 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 financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 005.07 | 3 256.90 | 3 243.88 | 2 844.11 | 1 777.19 | 
| EBIT | 1 262.64 | 841.17 | 368.44 | 545.57 | -95.24 | 
| Net earnings | 960.01 | 621.02 | 244.04 | 380.23 | -98.65 | 
| Shareholders equity total | 1 834.15 | 1 255.17 | 999.21 | 1 179.43 | 880.78 | 
| Balance sheet total (assets) | 3 369.01 | 4 440.31 | 4 016.43 | 4 299.44 | 3 454.68 | 
| Net debt | - 646.01 | - 691.48 | 648.14 | 744.28 | 330.95 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 39.1 % | 21.5 % | 8.7 % | 13.2 % | -2.3 % | 
| ROE | 61.8 % | 40.2 % | 21.7 % | 34.9 % | -9.6 % | 
| ROI | 81.2 % | 54.2 % | 23.0 % | 25.4 % | -4.1 % | 
| Economic value added (EVA) | 943.04 | 572.86 | 216.19 | 319.31 | - 189.73 | 
| Solvency | |||||
| Equity ratio | 56.1 % | 30.1 % | 27.2 % | 29.2 % | 26.8 % | 
| Gearing | 93.1 % | 99.0 % | 122.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.6 | 0.6 | 0.6 | 0.7 | 
| Current ratio | 2.2 | 1.2 | 1.2 | 1.3 | 1.2 | 
| Cash and cash equivalents | 646.01 | 691.48 | 281.69 | 423.59 | 744.75 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB | 
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