EcoWork ApS — Credit Rating and Financial Key Figures

EcoWork ApS (CVR number: 43277669) is a company from TØNDER. The company recorded a gross profit of 202.6 kDKK in 2022. The operating profit was -67.3 kDKK, while net earnings were -52.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.8 %, which can be considered poor and Return on Equity (ROE) was -33.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EcoWork 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.