Workfeed ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Workfeed ApS
Workfeed ApS (CVR number: 38921746) is a company from AARHUS. The company recorded a gross profit of 4196 kDKK in 2024. The operating profit was -949.4 kDKK, while net earnings were -853.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Workfeed ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 281.73 | 1 094.85 | 955.43 | 2 810.96 | 4 196.02 |
EBIT | 154.34 | -1 640.11 | -3 002.32 | -2 200.77 | - 949.36 |
Net earnings | 166.55 | -1 226.10 | -2 393.18 | -1 857.96 | - 853.78 |
Shareholders equity total | 899.95 | -60.15 | 5 170.72 | 3 312.76 | 2 458.98 |
Balance sheet total (assets) | 1 805.81 | 3 072.76 | 8 546.12 | 7 564.92 | 6 507.39 |
Net debt | - 252.89 | - 176.22 | -3 627.06 | - 817.54 | 164.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.2 % | -66.4 % | -51.4 % | -27.3 % | -13.5 % |
ROE | 27.0 % | -61.7 % | -58.1 % | -43.8 % | -29.6 % |
ROI | 19.6 % | -101.0 % | -79.3 % | -46.0 % | -25.1 % |
Economic value added (EVA) | 159.14 | -1 244.17 | -2 221.25 | -1 953.38 | - 909.43 |
Solvency | |||||
Equity ratio | 49.8 % | -1.9 % | 60.5 % | 43.8 % | 37.8 % |
Gearing | 3.0 % | 18.6 % | 34.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 4.1 | 1.4 | 0.6 |
Current ratio | 1.0 | 0.8 | 4.1 | 1.4 | 0.6 |
Cash and cash equivalents | 252.89 | 176.22 | 3 780.03 | 1 434.11 | 687.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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