Safe 2 Work ApS — Credit Rating and Financial Key Figures

CVR number: 41035633
Lorcksvej 4 B, 2820 Gentofte

Credit rating

Company information

Official name
Safe 2 Work ApS
Personnel
4 persons
Established
2019
Company form
Private limited company
Industry

About Safe 2 Work ApS

Safe 2 Work ApS (CVR number: 41035633) is a company from GENTOFTE. The company recorded a gross profit of 3207.8 kDKK in 2023. The operating profit was 987.1 kDKK, while net earnings were 751.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.6 %, which can be considered excellent and Return on Equity (ROE) was 104.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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. Safe 2 Work ApS's liquidity measured by quick ratio was 1.9 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
Volume
Net sales
Gross profit1 506.142 039.912 499.293 207.81
EBIT475.13601.87727.35987.15
Net earnings362.81464.04552.10751.10
Shareholders equity total402.81566.85618.95820.04
Balance sheet total (assets)977.461 073.701 149.951 687.88
Net debt- 818.34- 923.66- 888.03-1 306.83
Profitability
EBIT-%
ROA48.6 %58.7 %65.4 %69.6 %
ROE90.1 %95.7 %93.1 %104.4 %
ROI118.0 %124.1 %122.7 %127.8 %
Economic value added (EVA)368.93489.62581.27777.28
Solvency
Equity ratio41.2 %52.8 %53.8 %48.6 %
Gearing12.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.12.21.9
Current ratio1.72.12.21.9
Cash and cash equivalents818.34923.66888.031 412.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:69.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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