Credit rating
Company information
About Work2Work IVS
Work2Work IVS (CVR number: 37250007) is a company from KØBENHAVN. The company recorded a gross profit of 33.6 kDKK in 2018. The operating profit was -17.8 kDKK, while net earnings were -23.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Work2Work IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 205.51 | 48.03 | 33.64 |
EBIT | - 217.54 | -13.84 | -17.84 |
Net earnings | - 222.06 | -17.61 | -23.21 |
Shareholders equity total | - 222.06 | - 239.67 | - 262.88 |
Balance sheet total (assets) | 225.69 | 399.51 | 348.42 |
Net debt | 294.73 | 607.17 | 588.42 |
Profitability | |||
EBIT-% | |||
ROA | -48.6 % | -2.5 % | -2.9 % |
ROE | -98.4 % | -5.6 % | -6.2 % |
ROI | -66.8 % | -3.0 % | -3.0 % |
Economic value added (EVA) | - 217.54 | -1.14 | -5.80 |
Solvency | |||
Equity ratio | -49.6 % | -37.5 % | -43.0 % |
Gearing | -146.6 % | -253.3 % | -223.8 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.3 | 0.6 | 0.6 |
Current ratio | 0.3 | 0.6 | 0.6 |
Cash and cash equivalents | 30.75 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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