Credit rating
Company information
About Vork Studio ApS
Vork Studio ApS (CVR number: 38589563) is a company from KØBENHAVN. The company recorded a gross profit of 0.8 kDKK in 2018, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0.8 kDKK, while net earnings were -3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Vork Studio ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | - 398.75 | |
Gross profit | - 100.76 | 0.78 |
EBIT | 122.76 | 0.78 |
Net earnings | -92.21 | -3.35 |
Shareholders equity total | -42.21 | -45.56 |
Balance sheet total (assets) | 143.47 | 71.49 |
Net debt | 99.23 | 67.19 |
Profitability | ||
EBIT-% | ||
ROA | 67.8 % | 3.7 % |
ROE | -64.3 % | -3.1 % |
ROI | 126.8 % | 6.3 % |
Economic value added (EVA) | 114.56 | 2.90 |
Solvency | ||
Equity ratio | -22.7 % | -38.9 % |
Gearing | -235.3 % | -168.6 % |
Relative net indebtedness % | -46.5 % | |
Liquidity | ||
Quick ratio | 0.6 | 1.2 |
Current ratio | 0.6 | 1.2 |
Cash and cash equivalents | 0.10 | 9.60 |
Capital use efficiency | ||
Trade debtors turnover (days) | -2.4 | |
Net working capital % | 18.1 % | |
Credit risk | ||
Credit rating | C | B |
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