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Toneworks ApS — Credit Rating and Financial Key Figures

CVR number: 38759949
Robert Jacobsens Vej 60, 2300 København S
tel: 81900991
Free credit report Annual report

Company information

Official name
Toneworks ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Toneworks ApS

Toneworks ApS (CVR number: 38759949) is a company from KØBENHAVN. The company recorded a gross profit of 1085.7 kDKK in 2024. The operating profit was 354 kDKK, while net earnings were 306.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.7 %, which can be considered excellent and Return on Equity (ROE) was 164.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. Toneworks ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit619.86725.75939.37647.601 085.70
EBIT78.7743.5358.58- 151.57353.97
Net earnings53.2033.0944.82- 148.61306.50
Shareholders equity total103.81136.91181.7233.12339.62
Balance sheet total (assets)398.22401.07548.03399.16747.88
Net debt- 273.36-44.92- 392.3967.23- 323.33
Profitability
EBIT-%
ROA18.2 %10.9 %12.3 %-32.0 %61.7 %
ROE42.3 %27.5 %28.1 %-138.3 %164.5 %
ROI44.1 %24.7 %26.0 %-89.0 %139.1 %
Economic value added (EVA)49.1927.2535.43- 154.93304.06
Solvency
Equity ratio26.1 %34.1 %33.2 %8.3 %45.4 %
Gearing28.4 %46.9 %31.8 %205.7 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.61.12.1
Current ratio1.41.61.61.12.1
Cash and cash equivalents302.85109.08450.100.88391.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:61.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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