Workshop Denmark Aps — Credit Rating and Financial Key Figures

CVR number: 37508470
Blegdamsvej 6, 2200 København N
zenia.gronborg@work-shop.se

Company information

Official name
Workshop Denmark Aps
Personnel
53 persons
Established
2016
Company form
Private limited company
Industry

About Workshop Denmark Aps

Workshop Denmark Aps (CVR number: 37508470) is a company from KØBENHAVN. The company recorded a gross profit of 28.8 mDKK in 2023. The operating profit was 2347.6 kDKK, while net earnings were 1771.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, 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. Workshop Denmark Aps's liquidity measured by quick ratio was 2 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 profit21 319.2221 926.7623 175.7425 004.6928 813.65
EBIT1 083.311 011.681 615.031 811.432 347.55
Net earnings810.50824.841 142.151 222.541 771.66
Shareholders equity total1 798.412 623.253 765.404 987.946 759.60
Balance sheet total (assets)10 340.0213 807.7310 371.7811 956.7013 530.39
Net debt-1 545.08-5 499.28-2 451.21-2 601.47-1 820.09
Profitability
EBIT-%
ROA10.1 %9.3 %13.4 %16.2 %18.4 %
ROE50.3 %37.3 %35.8 %27.9 %30.2 %
ROI49.9 %43.9 %50.6 %41.4 %40.0 %
Economic value added (EVA)815.52774.781 401.891 334.651 707.43
Solvency
Equity ratio17.4 %19.0 %36.3 %41.7 %50.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.61.72.0
Current ratio1.31.21.61.72.0
Cash and cash equivalents1 545.085 499.282 451.212 601.471 820.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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