CWT DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 58 969.00 | 27 820.00 | 14 796.00 | 31 310.00 | 39 953.00 |
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 total | 8 233.00 | 12 771.00 | 11 909.00 | 13 289.00 | 16 786.00 |
Balance sheet total (assets) | 63 414.00 | 50 854.00 | 55 390.00 | 44 857.00 | 46 500.00 |
Net debt | 12 520.00 | 6 947.00 | 9 090.00 | 3 887.00 | 3 565.00 |
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 ratio | 14.0 % | 25.4 % | 22.2 % | 30.0 % | 37.3 % |
Gearing | 188.9 % | 54.7 % | 76.7 % | 29.6 % | 21.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.5 | 1.7 | 2.0 |
Current ratio | 1.1 | 1.5 | 1.4 | 1.6 | 1.8 |
Cash and cash equivalents | 3 031.00 | 40.00 | 40.00 | 40.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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