WORKZ A/S — Credit Rating and Financial Key Figures

CVR number: 26293901
Kronprinsessegade 20, 1306 København K

Credit rating

Company information

Official name
WORKZ A/S
Personnel
28 persons
Established
2001
Company form
Limited company
Industry

About WORKZ A/S

WORKZ A/S (CVR number: 26293901) is a company from KØBENHAVN. The company recorded a gross profit of 18.5 mDKK in 2023. The operating profit was 1162 kDKK, while net earnings were 1007.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. WORKZ A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 765.6613 479.9618 167.8319 880.4218 467.58
EBIT- 346.85445.753 571.931 948.211 162.02
Net earnings- 290.93310.362 775.621 223.401 007.70
Shareholders equity total2 576.902 887.265 058.265 038.435 108.63
Balance sheet total (assets)7 078.068 603.0811 937.9713 501.599 864.21
Net debt-3 332.60560.58-3 924.96-3 336.90- 273.85
Profitability
EBIT-%
ROA-5.1 %5.7 %35.0 %15.4 %10.2 %
ROE-10.7 %11.4 %69.9 %24.2 %19.9 %
ROI-11.0 %14.5 %83.7 %35.3 %21.4 %
Economic value added (EVA)- 387.63394.392 649.561 222.10972.55
Solvency
Equity ratio36.4 %33.6 %46.8 %37.3 %51.8 %
Gearing21.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.92.22.5
Current ratio1.41.41.72.32.7
Cash and cash equivalents3 332.6047.403 924.963 336.90273.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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