WATTS DENMARK HOLDING ApS — Credit Rating and Financial Key Figures

WATTS DENMARK HOLDING ApS (CVR number: 31368006K) is a company from HERNING. The company reported a net sales of 540.2 mDKK in 2018, demonstrating a growth of 10.6 % compared to the previous year. The operating profit percentage was at 14.1 % (EBIT: 76.4 mDKK), while net earnings were 58.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WATTS DENMARK HOLDING ApS's liquidity measured by quick ratio was 2.4 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.