WORKDAY DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WORKDAY DENMARK ApS
WORKDAY DENMARK ApS (CVR number: 36424141) is a company from KØBENHAVN. The company reported a net sales of 196.5 mDKK in 2024, demonstrating a growth of 19.1 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 13 mDKK), while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WORKDAY DENMARK ApS's liquidity measured by quick ratio was 2.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25.17 | 104.12 | 145.37 | 164.91 | 196.47 |
Gross profit | 25.17 | 104.12 | 145.37 | 165.08 | 196.47 |
EBIT | 1.23 | 5.87 | 9.20 | 10.68 | 12.95 |
Net earnings | 0.95 | 8.77 | 15.80 | 11.31 | 14.47 |
Shareholders equity total | 3.41 | 12.19 | 27.99 | 39.30 | 53.77 |
Balance sheet total (assets) | 11.81 | 94.90 | 207.43 | 61.08 | 84.55 |
Net debt | -16.06 | 6.77 | |||
Profitability | |||||
EBIT-% | 4.9 % | 5.6 % | 6.3 % | 6.5 % | 6.6 % |
ROA | 12.8 % | 11.0 % | 6.1 % | 8.0 % | 17.8 % |
ROE | 32.3 % | 112.5 % | 78.7 % | 33.6 % | 31.1 % |
ROI | 12.8 % | 11.0 % | 6.1 % | 8.5 % | 23.7 % |
Economic value added (EVA) | 1.10 | 5.70 | 8.59 | 9.99 | 12.44 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.3 % | 63.6 % |
Gearing | 9.0 % | 24.0 % | |||
Relative net indebtedness % | 1.3 % | 12.6 % | |||
Liquidity | |||||
Quick ratio | 2.8 | 2.7 | |||
Current ratio | 2.8 | 2.7 | |||
Cash and cash equivalents | 19.59 | 6.12 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.7 | 0.0 | |||
Net working capital % | 23.3 % | 25.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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