EURO-WORKERS A/S — Credit Rating and Financial Key Figures

CVR number: 29795908
Vesterbrogade 1, 4930 Maribo
tel: 54761020

Credit rating

Company information

Official name
EURO-WORKERS A/S
Personnel
70 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon78Employment activities

About EURO-WORKERS A/S

EURO-WORKERS A/S (CVR number: 29795908) is a company from LOLLAND. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 3850.6 kDKK, while net earnings were 3454.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 36.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EURO-WORKERS A/S's liquidity measured by quick ratio was 3.8 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 profit9 196.6310 713.3416 839.8016 831.5811 901.34
EBIT- 498.51- 103.212 117.988 788.423 850.55
Net earnings- 319.78137.311 815.996 979.383 454.48
Shareholders equity total3 907.034 044.333 860.3210 839.707 994.18
Balance sheet total (assets)9 195.1512 864.4215 560.7523 543.1811 737.65
Net debt2 458.42416.625 107.74-3 146.77324.11
Profitability
EBIT-%
ROA-2.3 %2.4 %17.4 %46.6 %25.7 %
ROE-7.9 %3.5 %45.9 %95.0 %36.7 %
ROI-3.2 %4.5 %34.9 %89.6 %45.7 %
Economic value added (EVA)- 637.47- 269.561 407.766 599.392 616.86
Solvency
Equity ratio42.5 %31.4 %24.8 %46.0 %68.1 %
Gearing62.9 %10.3 %132.3 %4.8 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.51.31.93.8
Current ratio1.61.51.31.93.8
Cash and cash equivalents0.810.630.043 664.02121.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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