Work2Work IVS

CVR number: 37250007
Langelinie Allé 17, 2100 København Ø

Credit rating

Company information

Official name
Work2Work IVS
Personnel
29 persons
Established
2015
Company form
Entrepreneurial limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About the company

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit205.5148.0333.64
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)225.69399.51348.42
Net debt294.73607.17588.42
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 ratio0.30.60.6
Current ratio0.30.60.6
Cash and cash equivalents30.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-2.85%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-43.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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