WorkFor Safeguard ApS — Credit Rating and Financial Key Figures

CVR number: 40933891
Herstedøstervej 27 A, 2620 Albertslund

Company information

Official name
WorkFor Safeguard ApS
Personnel
36 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 613.3322 474.1829 814.2628 938.3835 345.75
EBIT192.94536.58180.871 547.22-1 031.46
Net earnings149.53405.35133.541 189.32- 877.55
Shareholders equity total189.53594.87728.421 917.731 040.18
Balance sheet total (assets)547.941 838.213 699.474 297.704 342.45
Net debt- 401.41-1 545.64-2 469.71-81.49-1 666.08
Profitability
EBIT-%
ROA35.2 %45.0 %6.5 %38.9 %-23.8 %
ROE78.9 %103.4 %20.2 %89.9 %-59.3 %
ROI93.7 %134.0 %26.1 %114.6 %-69.7 %
Economic value added (EVA)150.51407.59110.071 166.16- 905.87
Solvency
Equity ratio34.6 %32.4 %19.7 %44.6 %24.0 %
Gearing8.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.51.21.81.3
Current ratio1.61.51.21.81.3
Cash and cash equivalents401.411 545.642 533.6881.491 666.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-23.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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