Workfit ApS — Credit Rating and Financial Key Figures

CVR number: 28721579
Hollændervej 34, 2791 Dragør
claus.lynggaard@dantrim.de
tel: 20935015
www.workfit.dk

Credit rating

Company information

Official name
Workfit ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon962300

About Workfit ApS

Workfit ApS (CVR number: 28721579) is a company from DRAGØR. The company recorded a gross profit of 86.1 kDKK in 2024. The operating profit was 50.1 kDKK, while net earnings were -933.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was -21.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. Workfit ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit238.79151.61220.29238.9386.15
EBIT192.33105.15182.84238.9350.12
Net earnings531.661 643.43933.99132.13- 933.72
Shareholders equity total3 213.574 120.494 941.484 959.213 907.68
Balance sheet total (assets)6 893.096 831.877 454.106 865.125 939.41
Net debt3 655.232 685.962 496.241 858.932 001.73
Profitability
EBIT-%
ROA8.6 %25.0 %14.0 %3.5 %14.2 %
ROE14.2 %44.8 %20.6 %2.7 %-21.1 %
ROI8.7 %25.1 %14.0 %3.5 %-12.7 %
Economic value added (EVA)231.80285.09317.20303.39142.34
Solvency
Equity ratio46.6 %60.3 %66.3 %72.2 %65.8 %
Gearing113.7 %65.2 %50.5 %37.5 %51.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.00.0
Current ratio0.00.30.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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