CENTERFORENINGEN WAVES — Credit Rating and Financial Key Figures

CVR number: 25598180
Over Bølgen 2, 2670 Greve
tel: 43906949

Company information

Official name
CENTERFORENINGEN WAVES
Personnel
2 persons
Established
1974
Industry

About CENTERFORENINGEN WAVES

CENTERFORENINGEN WAVES (CVR number: 25598180) is a company from GREVE. The company recorded a gross profit of -87.7 kDKK in 2023. The operating profit was -87.7 kDKK, while net earnings were -86.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CENTERFORENINGEN WAVES's liquidity measured by quick ratio was 1.8 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 profit2 076.312 291.00-96.7027.09-87.67
EBIT- 803.25332.53- 113.0827.09-87.67
Net earnings- 834.46301.64- 150.96-4.23-86.72
Shareholders equity total1 030.201 331.841 180.881 176.641 089.92
Balance sheet total (assets)5 837.108 513.684 740.082 885.152 374.52
Net debt-4 055.12-8 043.84-4 443.68-2 706.79-2 294.70
Profitability
EBIT-%
ROA-12.9 %4.6 %-1.7 %0.7 %-3.3 %
ROE-57.7 %25.5 %-12.0 %-0.4 %-7.7 %
ROI-55.5 %28.2 %-9.0 %2.3 %-7.7 %
Economic value added (EVA)- 654.64484.54224.19191.05-10.78
Solvency
Equity ratio17.6 %15.6 %24.9 %40.8 %45.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.31.71.8
Current ratio1.21.21.31.71.8
Cash and cash equivalents4 055.128 043.844 443.682 706.792 294.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-3.30%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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