MULTI WORKS ApS — Credit Rating and Financial Key Figures

MULTI WORKS ApS (CVR number: 29319766) is a company from KØBENHAVN. The company reported a net sales of 2 mDKK in 2023, demonstrating a decline of -18.8 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0 mDKK), while net earnings were 26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MULTI WORKS ApS's liquidity measured by quick ratio was 1.1 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.