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AO Workwear A/S — Credit Rating and Financial Key Figures

CVR number: 32151922
Ølstrupvej 2 A, 6971 Spjald
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Credit rating

Company information

Official name
AO Workwear A/S
Personnel
122 persons
Established
2009
Company form
Limited company
Industry

About AO Workwear A/S

AO Workwear A/S (CVR number: 32151922) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 95.3 mDKK in 2025. The operating profit was 42.1 mDKK, while net earnings were 32.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 50.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. AO Workwear A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit53 398.0048 635.0061 087.0064 585.0395 263.38
EBIT13 253.003 504.0014 273.0014 582.5842 136.14
Net earnings9 343.001 257.007 960.009 070.2932 162.34
Shareholders equity total34 268.0035 524.0039 484.0047 054.2479 216.58
Balance sheet total (assets)128 247.00147 286.00134 264.00137 757.82185 375.64
Net debt20 797.9214 309.26
Profitability
EBIT-%
ROA10.3 %2.5 %10.1 %10.8 %26.4 %
ROE27.3 %3.6 %21.2 %21.0 %50.9 %
ROI10.3 %2.5 %10.1 %12.5 %38.4 %
Economic value added (EVA)13 253.001 782.0312 487.929 381.3227 807.63
Solvency
Equity ratio100.0 %100.0 %100.0 %34.2 %43.1 %
Gearing55.0 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.8
Current ratio1.41.7
Cash and cash equivalents5 058.493 667.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:26.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:43.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member
Chairman of the board

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