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TwinOak Skunkworks ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TwinOak Skunkworks ApS
TwinOak Skunkworks ApS (CVR number: 38971778) is a company from AARHUS. The company recorded a gross profit of -145.2 kDKK in 2025. The operating profit was -145.2 kDKK, while net earnings were -249.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -153.7 %, which can be considered poor and Return on Equity (ROE) was -883.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. TwinOak Skunkworks ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 456.61 | - 296.38 | - 159.56 | -69.24 | - 145.24 |
| EBIT | - 560.34 | - 296.51 | - 159.56 | -69.24 | - 145.24 |
| Net earnings | - 442.37 | - 234.03 | - 127.42 | -57.07 | - 249.11 |
| Shareholders equity total | 121.28 | 12.25 | 9.83 | 27.76 | 28.65 |
| Balance sheet total (assets) | 235.02 | 140.70 | 126.63 | 146.06 | 42.91 |
| Net debt | 23.81 | 70.88 | 97.63 | 93.86 | -3.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -271.9 % | -157.8 % | -119.4 % | -50.8 % | -153.7 % |
| ROE | -376.6 % | -350.5 % | -1154.2 % | -303.6 % | -883.2 % |
| ROI | -334.4 % | -171.1 % | -135.1 % | -57.0 % | -181.1 % |
| Economic value added (EVA) | - 442.99 | - 242.46 | - 130.79 | -60.37 | - 109.74 |
| Solvency | |||||
| Equity ratio | 51.6 % | 8.7 % | 7.8 % | 19.0 % | 66.8 % |
| Gearing | 82.6 % | 921.0 % | 1030.0 % | 374.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 17.1 | 8.8 | 7.9 | 1.2 | 2.8 |
| Current ratio | 17.1 | 8.8 | 7.9 | 1.2 | 2.8 |
| Cash and cash equivalents | 76.42 | 41.95 | 3.60 | 10.10 | 3.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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