WorkshopBank ApS
Credit rating
Company information
About WorkshopBank ApS
WorkshopBank ApS (CVR number: 38699210) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 339.7 kDKK in 2023. The operating profit was -57.3 kDKK, while net earnings were -46.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. WorkshopBank ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 818.63 | 256.90 | 535.59 | 437.40 | 339.66 |
EBIT | 303.66 | -83.20 | 180.26 | 51.84 | -57.32 |
Net earnings | 233.08 | -85.40 | 139.73 | 32.18 | -46.23 |
Shareholders equity total | 282.80 | -32.60 | 107.13 | 139.31 | 93.08 |
Balance sheet total (assets) | 533.36 | 301.27 | 361.93 | 338.41 | 341.34 |
Net debt | - 272.10 | 146.54 | 43.51 | 44.56 | 94.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.1 % | -19.2 % | 51.8 % | 15.0 % | -16.2 % |
ROE | 63.8 % | -29.2 % | 68.4 % | 26.1 % | -39.8 % |
ROI | 72.7 % | -27.7 % | 71.4 % | 19.5 % | -20.9 % |
Economic value added (EVA) | 239.14 | -78.57 | 140.92 | 33.28 | -53.83 |
Solvency | |||||
Equity ratio | 53.0 % | -9.8 % | 29.6 % | 41.2 % | 27.3 % |
Gearing | 36.4 % | -663.4 % | 168.9 % | 80.7 % | 193.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 0.8 | 1.3 | 1.6 | 1.3 |
Current ratio | 2.0 | 0.8 | 1.3 | 1.6 | 1.3 |
Cash and cash equivalents | 374.96 | 69.74 | 137.43 | 67.83 | 84.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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