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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  2.5% 3.7% 2.1% 2.4% 2.3%  
Credit score (0-100)  63 52 66 63 63  
Credit rating  BBB BBB A BBB BBB  
Credit limit (kDKK)  0.0 0.0 0.2 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  0 0 0 0 0  
Gross profit  2,175 3,005 3,257 3,244 2,844  
EBITDA  543 1,263 921 529 706  
EBIT  540 1,263 841 368 546  
Pre-tax profit (PTP)  471.6 1,203.6 785.5 321.2 497.5  
Net earnings  341.5 960.0 621.0 244.0 380.2  
Pre-tax profit without non-rec. items  472 1,204 786 321 498  

 
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  0.7 0.0 723 562 401  
Shareholders equity total  1,274 1,834 1,255 999 1,179  
Interest-bearing liabilities  0.0 0.0 0.0 930 1,168  
Balance sheet total (assets)  3,090 3,369 4,440 4,016 4,299  

Net Debt  -562 -646 -691 648 744  
 
See the entire balance sheet

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

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  2,175 3,005 3,257 3,244 2,844  
Gross profit growth  48.6% 38.2% 8.4% -0.4% -12.3%  
Employees  4 0 4 6 5  
Employee growth %  0.0% -100.0% 0.0% 50.0% -16.7%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3,090 3,369 4,440 4,016 4,299  
Balance sheet change%  -0.3% 9.0% 31.8% -9.5% 7.0%  
Added value  542.9 1,263.4 921.5 448.7 706.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -6 -1 642 -321 -321  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  24.8% 42.0% 25.8% 11.4% 19.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  17.5% 39.1% 21.5% 8.7% 13.2%  
ROI %  44.4% 81.2% 54.2% 23.0% 25.4%  
ROE %  50.6% 61.8% 40.2% 21.7% 34.9%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  46.1% 56.1% 30.1% 27.2% 29.2%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -103.4% -51.1% -75.0% 122.5% 105.4%  
Gearing %  0.0% 0.0% 0.0% 93.1% 99.0%  
Net interest  0 0 0 0 0  
Financing costs %  12.7% 0.0% 0.0% 10.2% 4.7%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 1.0 0.6 0.6 0.6  
Current Ratio  1.5 2.2 1.2 1.2 1.3  
Cash and cash equivalent  561.5 646.0 691.5 281.7 423.6  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 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 %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  973.6 1,834.1 544.9 450.8 794.5  
Net working capital %  0.0% 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  136 0 230 75 141  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  136 0 230 88 141  
EBIT / employee  135 0 210 61 109  
Net earnings / employee  85 0 155 41 76