SAFEWORK ApS — Credit Rating and Financial Key Figures

CVR number: 33751338
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Company information

Official name
SAFEWORK ApS
Personnel
5 persons
Established
2011
Company form
Private limited company
Industry

About SAFEWORK ApS

SAFEWORK ApS (CVR number: 33751338) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3807.6 kDKK in 2023. The operating profit was 1961.8 kDKK, while net earnings were 1552.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SAFEWORK ApS's liquidity measured by quick ratio was 1.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 122.642 634.413 014.623 450.323 807.57
EBIT782.83755.081 078.211 538.371 961.78
Net earnings632.28620.92889.411 246.651 552.34
Shareholders equity total3 743.593 364.513 653.924 100.574 452.91
Balance sheet total (assets)5 860.827 424.596 524.425 997.958 130.44
Net debt433.77- 812.991 321.02949.302 394.80
Profitability
EBIT-%
ROA13.7 %12.2 %16.6 %26.3 %29.0 %
ROE19.0 %17.5 %25.3 %32.2 %36.3 %
ROI18.3 %19.8 %25.8 %32.8 %34.3 %
Economic value added (EVA)461.09397.49737.101 015.171 320.62
Solvency
Equity ratio63.9 %45.3 %56.0 %68.4 %54.8 %
Gearing11.6 %17.6 %36.2 %23.2 %53.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.62.11.4
Current ratio2.51.72.02.82.0
Cash and cash equivalents1 404.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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