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 0.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 45.76 | 206.94 | 251.41 | ||
Gross profit | -71.88 | -63.16 | 123.36 | 223.95 | |
EBIT | -71.88 | -63.16 | 123.36 | 42.74 | |
Net earnings | -71.88 | -89.43 | -63.16 | 119.23 | 41.84 |
Shareholders equity total | 0.11 | -75.10 | -65.27 | -19.03 | 22.81 |
Balance sheet total (assets) | 0.11 | 34.16 | 87.80 | 17.55 | 109.22 |
Net debt | -0.11 | -34.16 | -72.49 | 28.87 | -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 | -56.95 | 130.18 | 37.13 | |
Solvency | |||||
Equity ratio | 100.0 % | -68.7 % | -42.6 % | -52.0 % | 20.9 % |
Gearing | -191.8 % | 160.0 % | |||
Relative net indebtedness % | 176.1 % | 14.0 % | 13.0 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 1.3 | |
Current ratio | 0.9 | 0.6 | 0.5 | 1.3 | |
Cash and cash equivalents | 0.11 | 34.16 | 72.49 | 7.63 | 53.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.6 | ||||
Net working capital % | -142.6 % | -9.2 % | 9.1 % | ||
Credit risk | |||||
Credit rating | C | BB | BB | B | BB |
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