Chrono Watch ApS

 

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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  9.4% 3.6% 3.2% 7.3% 2.5%  
Credit score (0-100)  28 52 54 33 57  
Credit rating  B BB BB BB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  58,989 0 0 0 0  
Gross profit  1,619 974 892 0.0 1,518  
EBITDA  1,082 246 431 0.0 968  
EBIT  1,004 138 272 0.0 723  
Pre-tax profit (PTP)  956.0 126.6 236.6 0.0 695.6  
Net earnings  745.7 98.8 184.5 0.0 497.3  
Pre-tax profit without non-rec. items  956 127 237 0.0 696  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  234 298 398 673 30.9  
Shareholders equity total  1,313 1,412 1,597 1,874 2,372  
Interest-bearing liabilities  0.0 0.0 1,068 895 1,611  
Balance sheet total (assets)  1,540 10,145 3,807 4,616 6,769  

Net Debt  -1,104 -2,677 -2,186 -2,923 -266  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  58,989 0 0 0 0  
Net sales growth  -2.6% -100.0% 0.0% 0.0% 0.0%  
Gross profit  1,619 974 892 0.0 1,518  
Gross profit growth  47.5% -39.8% -8.5% -100.0% 0.0%  
Employees  0 0 1 1 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 100.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  1,540 10,145 3,807 4,616 6,769  
Balance sheet change%  109.1% 558.6% -62.5% 21.2% 46.6%  
Added value  1,081.9 245.7 430.8 158.8 968.3  
Added value %  1.8% 0.0% 0.0% 0.0% 0.0%  
Investments  -136 -44 -58 274 -887  

Net sales trend  -1.0 -2.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 0.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  1.8% 0.0% 0.0% 0.0% 0.0%  
EBIT %  1.7% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  62.0% 14.1% 30.5% 0.0% 47.6%  
Net Earnings %  1.3% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  1.4% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  1.6% 0.0% 0.0% 0.0% 0.0%  
ROA %  88.2% 2.4% 3.9% 0.0% 12.7%  
ROI %  106.8% 10.1% 13.3% 0.0% 21.4%  
ROE %  79.3% 7.2% 12.3% 0.0% 23.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  85.3% 94.7% 41.9% 40.6% 35.0%  
Relative indebtedness %  0.4% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  -1.5% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -102.1% -1,089.3% -507.4% 0.0% -27.5%  
Gearing %  0.0% 0.0% 66.9% 47.8% 67.9%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 6.6% 0.0% 2.2%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  5.7 39.3 1.5 1.4 1.4  
Current Ratio  5.7 1.1 1.5 1.4 1.5  
Cash and cash equivalent  1,104.2 2,676.8 3,253.5 3,818.1 1,877.3  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.8 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  2.2% 0.0% 0.0% 0.0% 0.0%  
Net working capital  1,064.5 1,103.9 1,187.9 1,191.5 2,330.4  
Net working capital %  1.8% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 431 159 484  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 431 0 484  
EBIT / employee  0 0 272 0 361  
Net earnings / employee  0 0 185 0 249