Surf & Work ApS — Credit Rating and Financial Key Figures

CVR number: 38860437
Vesterhavsgade 15, Vorupør 7700 Thisted
kontakt@surfandwork.dk
tel: 26739222
www.surfandwork.dk

Company information

Official name
Surf & Work ApS
Established
2017
Domicile
Vorupør
Company form
Private limited company
Industry

About Surf & Work ApS

Surf & Work ApS (CVR number: 38860437) is a company from THISTED. The company recorded a gross profit of 11.3 kDKK in 2023. The operating profit was 11.3 kDKK, while net earnings were 11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Surf & Work ApS's liquidity measured by quick ratio was 4 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 profit-1.0511.981.0611.32
EBIT-1.0511.987.871.0611.32
Net earnings-1.0511.987.871.0611.32
Shareholders equity total4.0727.3171.6164.6984.17
Balance sheet total (assets)39.0952.1586.2268.11112.28
Net debt-36.59-37.39-64.82-60.00-65.36
Profitability
EBIT-%
ROA-2.3 %26.3 %11.4 %1.4 %12.6 %
ROE-22.8 %76.4 %15.9 %1.6 %15.2 %
ROI-22.8 %76.4 %15.9 %1.6 %15.2 %
Economic value added (EVA)-0.4713.628.961.5211.14
Solvency
Equity ratio10.4 %52.4 %83.0 %95.0 %75.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.12.15.919.94.0
Current ratio1.12.15.919.94.0
Cash and cash equivalents36.5937.3964.8260.0065.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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