ACADEMIC WORK DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 31743478
Rådhuspladsen 45, 1550 København V
info@academicwork.dk
tel: 89875300
www.academicwork.dk

Company information

Official name
ACADEMIC WORK DENMARK A/S
Personnel
97 persons
Established
2008
Company form
Limited company
Industry

About ACADEMIC WORK DENMARK A/S

ACADEMIC WORK DENMARK A/S (CVR number: 31743478) is a company from KØBENHAVN. The company recorded a gross profit of 41.8 mDKK in 2023. The operating profit was -5262.5 kDKK, while net earnings were -5324.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.7 %, which can be considered poor and Return on Equity (ROE) was -89.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.4 %, 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. ACADEMIC WORK DENMARK A/S's liquidity measured by quick ratio was 0.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 136.4526 995.0637 517.6940 895.8641 838.64
EBIT-3 904.47-2 021.63-3 904.93-2 289.47-5 262.54
Net earnings-3 971.31-1 580.31-3 090.74-3 638.64-5 324.38
Shareholders equity total34.271 453.963 363.22- 275.42400.20
Balance sheet total (assets)7 918.5412 972.0911 541.1511 442.989 013.05
Net debt3 512.42873.90214.793 929.761 813.19
Profitability
EBIT-%
ROA-58.2 %-19.1 %-31.8 %-19.5 %-50.7 %
ROE-19932.8 %-212.4 %-128.3 %-49.2 %-89.9 %
ROI-117.9 %-65.0 %-131.9 %-60.5 %-171.1 %
Economic value added (EVA)-3 904.75-1 578.59-3 134.64-1 794.52-5 248.70
Solvency
Equity ratio0.4 %11.2 %29.1 %-2.4 %4.4 %
Gearing10249.3 %60.1 %6.4 %-1426.8 %453.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.20.90.9
Current ratio0.81.01.20.90.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-50.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.44%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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