CENTERFORENINGEN WAVES — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 076.31 | 2 291.00 | -96.70 | 27.09 | -87.67 |
EBIT | - 803.25 | 332.53 | - 113.08 | 27.09 | -87.67 |
Net earnings | - 834.46 | 301.64 | - 150.96 | -4.23 | -86.72 |
Shareholders equity total | 1 030.20 | 1 331.84 | 1 180.88 | 1 176.64 | 1 089.92 |
Balance sheet total (assets) | 5 837.10 | 8 513.68 | 4 740.08 | 2 885.15 | 2 374.52 |
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) | - 654.64 | 484.54 | 224.19 | 191.05 | -10.78 |
Solvency | |||||
Equity ratio | 17.6 % | 15.6 % | 24.9 % | 40.8 % | 45.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.3 | 1.7 | 1.8 |
Current ratio | 1.2 | 1.2 | 1.3 | 1.7 | 1.8 |
Cash and cash equivalents | 4 055.12 | 8 043.84 | 4 443.68 | 2 706.79 | 2 294.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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