WorkFor Safeguard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WorkFor Safeguard ApS
WorkFor Safeguard ApS (CVR number: 40933891) is a company from ALBERTSLUND. The company recorded a gross profit of 35.3 mDKK in 2024. The operating profit was -1031.5 kDKK, while net earnings were -877.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.8 %, which can be considered poor and Return on Equity (ROE) was -59.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, 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. WorkFor Safeguard ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 613.33 | 22 474.18 | 29 814.26 | 28 938.38 | 35 345.75 |
EBIT | 192.94 | 536.58 | 180.87 | 1 547.22 | -1 031.46 |
Net earnings | 149.53 | 405.35 | 133.54 | 1 189.32 | - 877.55 |
Shareholders equity total | 189.53 | 594.87 | 728.42 | 1 917.73 | 1 040.18 |
Balance sheet total (assets) | 547.94 | 1 838.21 | 3 699.47 | 4 297.70 | 4 342.45 |
Net debt | - 401.41 | -1 545.64 | -2 469.71 | -81.49 | -1 666.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.2 % | 45.0 % | 6.5 % | 38.9 % | -23.8 % |
ROE | 78.9 % | 103.4 % | 20.2 % | 89.9 % | -59.3 % |
ROI | 93.7 % | 134.0 % | 26.1 % | 114.6 % | -69.7 % |
Economic value added (EVA) | 150.51 | 407.59 | 110.07 | 1 166.16 | - 905.87 |
Solvency | |||||
Equity ratio | 34.6 % | 32.4 % | 19.7 % | 44.6 % | 24.0 % |
Gearing | 8.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.2 | 1.8 | 1.3 |
Current ratio | 1.6 | 1.5 | 1.2 | 1.8 | 1.3 |
Cash and cash equivalents | 401.41 | 1 545.64 | 2 533.68 | 81.49 | 1 666.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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