CWT DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 66097218
Ørestads Boulevard 35, 2300 København S
info@mycwt.com
tel: 33637878

Credit rating

Company information

Official name
CWT DENMARK A/S
Personnel
83 persons
Established
1980
Company form
Limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About CWT DENMARK A/S

CWT DENMARK A/S (CVR number: 66097218) is a company from KØBENHAVN. The company recorded a gross profit of 40 mDKK in 2023. The operating profit was -2055 kDKK, while net earnings were -3503 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. CWT DENMARK A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit58 969.0027 820.0014 796.0031 310.0039 953.00
EBIT-1 414.00-17 064.00-16 042.00-11 898.00-2 055.00
Net earnings-3 819.00-18 062.00-17 112.00-13 620.00-3 503.00
Shareholders equity total8 233.0012 771.0011 909.0013 289.0016 786.00
Balance sheet total (assets)63 414.0050 854.0055 390.0044 857.0046 500.00
Net debt12 520.006 947.009 090.003 887.003 565.00
Profitability
EBIT-%
ROA-2.3 %-29.8 %-30.2 %-23.2 %-4.4 %
ROE-37.7 %-172.0 %-138.7 %-108.1 %-23.3 %
ROI-7.1 %-78.3 %-78.5 %-60.8 %-10.7 %
Economic value added (EVA)-1 825.55-17 325.40-16 681.73-12 494.42-2 720.76
Solvency
Equity ratio14.0 %25.4 %22.2 %30.0 %37.3 %
Gearing188.9 %54.7 %76.7 %29.6 %21.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.51.72.0
Current ratio1.11.51.41.61.8
Cash and cash equivalents3 031.0040.0040.0040.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.40%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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