Work2Work IVS — Credit Rating and Financial Key Figures

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.