I7 Works ApS — Credit Rating and Financial Key Figures

CVR number: 40565361
Hammersvej 6 A, 3480 Fredensborg

Company information

Official name
I7 Works ApS
Established
2019
Company form
Private limited company
Industry

About I7 Works ApS

I7 Works ApS (CVR number: 40565361) is a company from FREDENSBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 21.5 % compared to the previous year. The operating profit percentage was at 17 % (EBIT: 0 mDKK), while net earnings were 41.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.6 %, which can be considered excellent and Return on Equity (ROE) was 207.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. I7 Works 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales45.76206.94251.41
Gross profit-71.88-63.16123.36223.95
EBIT-71.88-63.16123.3642.74
Net earnings-71.88-89.43-63.16119.2341.84
Shareholders equity total0.11-75.10-65.27-19.0322.81
Balance sheet total (assets)0.1134.1687.8017.55109.22
Net debt-0.11-34.16-72.4928.87-17.17
Profitability
EBIT-%-138.0 %59.6 %17.0 %
ROA-63049.1 %-48.2 %130.1 %58.6 %
ROE-63049.1 %-521.8 %-103.6 %226.4 %207.4 %
ROI-63049.1 %676.0 %89.2 %
Economic value added (EVA)-71.88-56.95130.1837.13
Solvency
Equity ratio100.0 %-68.7 %-42.6 %-52.0 %20.9 %
Gearing-191.8 %160.0 %
Relative net indebtedness %176.1 %14.0 %13.0 %
Liquidity
Quick ratio0.90.60.51.3
Current ratio0.90.60.51.3
Cash and cash equivalents0.1134.1672.497.6353.67
Capital use efficiency
Trade debtors turnover (days)80.6
Net working capital %-142.6 %-9.2 %9.1 %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:58.6%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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