I7 Works ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About I7 Works ApS
I7 Works ApS (CVR number: 40565361) is a company from FREDENSBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -10.9 % compared to the previous year. The operating profit percentage was poor at -5.9 % (EBIT: -0 mDKK), while net earnings were -11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -67.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.9 %, 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. I7 Works ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 45.76 | 206.94 | 251.41 | 224.05 | |
Gross profit | -63.16 | 123.36 | 223.95 | 203.72 | |
EBIT | -63.16 | 123.36 | 42.74 | -13.12 | |
Net earnings | -89.43 | -63.16 | 119.23 | 41.84 | -11.49 |
Shareholders equity total | -75.10 | -65.27 | -19.03 | 22.81 | 11.32 |
Balance sheet total (assets) | 34.16 | 87.80 | 17.55 | 109.22 | 19.23 |
Net debt | -34.16 | -72.49 | 28.87 | -17.17 | -9.57 |
Profitability | |||||
EBIT-% | -138.0 % | 59.6 % | 17.0 % | -5.9 % | |
ROA | -48.2 % | 130.1 % | 58.6 % | -20.4 % | |
ROE | -521.8 % | -103.6 % | 226.4 % | 207.4 % | -67.3 % |
ROI | 676.0 % | 89.2 % | -37.1 % | ||
Economic value added (EVA) | -0.01 | -59.39 | 126.64 | 41.86 | -16.10 |
Solvency | |||||
Equity ratio | -68.7 % | -42.6 % | -52.0 % | 20.9 % | 58.9 % |
Gearing | -191.8 % | 160.0 % | |||
Relative net indebtedness % | 176.1 % | 14.0 % | 13.0 % | -0.7 % | |
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 1.3 | 2.4 |
Current ratio | 0.9 | 0.6 | 0.5 | 1.3 | 2.4 |
Cash and cash equivalents | 34.16 | 72.49 | 7.63 | 53.67 | 9.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.6 | ||||
Net working capital % | -142.6 % | -9.2 % | 9.1 % | 5.1 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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