Fellow Workspace ApS — Credit Rating and Financial Key Figures

CVR number: 40927247
Mariane Thomsens Gade 4 B, 8000 Aarhus C
ulf@companyons.dk
tel: 60679097
companyons.dk

Credit rating

Company information

Official name
Fellow Workspace ApS
Personnel
11 persons
Established
2019
Company form
Private limited company
Industry

About Fellow Workspace ApS

Fellow Workspace ApS (CVR number: 40927247) is a company from AARHUS. The company recorded a gross profit of 3429.9 kDKK in 2024. The operating profit was 728.8 kDKK, while net earnings were 612 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 136 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fellow Workspace ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit73.232 063.142 680.922 562.053 429.87
EBIT- 102.01219.10767.34127.21728.81
Net earnings-84.06145.74579.7457.70612.04
Shareholders equity total-44.06101.68636.42144.12756.17
Balance sheet total (assets)1 333.975 249.169 552.948 314.2810 348.86
Net debt- 511.19-2 817.61-5 177.35-3 635.071 168.18
Profitability
EBIT-%
ROA-7.4 %6.6 %10.7 %1.6 %9.1 %
ROE-6.3 %20.3 %157.1 %14.8 %136.0 %
ROI347.1 %125.2 %14.5 %49.8 %
Economic value added (EVA)-81.53167.93586.5335.35513.99
Solvency
Equity ratio-3.9 %2.3 %6.7 %1.7 %7.3 %
Gearing24.1 %74.9 %431.2 %242.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.00.91.0
Current ratio1.01.01.01.01.1
Cash and cash equivalents511.192 842.165 654.344 256.57663.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.31%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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