IMAGE WORKS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IMAGE WORKS ApS
IMAGE WORKS ApS (CVR number: 35639268) is a company from RUDERSDAL. The company recorded a gross profit of -6.9 kDKK in 2023. The operating profit was -6.9 kDKK, while net earnings were 48.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. IMAGE WORKS ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.94 | -5.94 | -6.65 | -6.56 | -6.94 |
EBIT | -5.94 | -5.94 | -6.65 | -6.56 | -6.94 |
Net earnings | 238.74 | 217.49 | 150.82 | 102.36 | 48.41 |
Shareholders equity total | 289.00 | 395.89 | 433.71 | 421.68 | 470.09 |
Balance sheet total (assets) | 526.37 | 733.02 | 818.44 | 913.41 | 780.38 |
Net debt | -79.01 | - 154.93 | - 185.76 | - 232.95 | - 438.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.4 % | 37.8 % | 25.3 % | 18.1 % | 8.6 % |
ROE | 119.9 % | 63.5 % | 36.4 % | 23.9 % | 10.9 % |
ROI | 62.0 % | 39.3 % | 26.4 % | 18.8 % | 9.0 % |
Economic value added (EVA) | -1.42 | -2.75 | -2.27 | 1.66 | 9.26 |
Solvency | |||||
Equity ratio | 54.9 % | 54.0 % | 53.0 % | 46.2 % | 60.2 % |
Gearing | 76.9 % | 76.6 % | 82.5 % | 108.0 % | 56.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.2 | 2.1 | 1.9 | 2.5 |
Current ratio | 2.1 | 2.2 | 2.1 | 1.9 | 2.5 |
Cash and cash equivalents | 301.37 | 458.02 | 543.43 | 688.41 | 705.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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