MAKEITWORK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAKEITWORK ApS
MAKEITWORK ApS (CVR number: 26784484) is a company from FREDERIKSBERG. The company recorded a gross profit of 292.2 kDKK in 2024. The operating profit was -77.2 kDKK, while net earnings were -72.9 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 -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MAKEITWORK ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.02 | 47.27 | 457.74 | 156.92 | 292.19 |
EBIT | 3.02 | 47.27 | -47.34 | -88.40 | -77.18 |
Net earnings | 81.40 | 43.06 | -48.14 | - 101.38 | -72.93 |
Shareholders equity total | 2 113.52 | 2 136.58 | 2 088.43 | 1 987.05 | 1 913.74 |
Balance sheet total (assets) | 2 302.95 | 2 286.01 | 2 767.30 | 2 685.85 | 2 641.16 |
Net debt | 72.96 | 98.66 | 558.79 | 573.67 | 521.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 2.1 % | -1.9 % | -3.2 % | -2.9 % |
ROE | 3.9 % | 2.0 % | -2.3 % | -5.0 % | -3.7 % |
ROI | 4.9 % | 2.1 % | -1.9 % | -3.3 % | -3.0 % |
Economic value added (EVA) | - 103.79 | -62.96 | - 159.73 | - 233.96 | - 202.14 |
Solvency | |||||
Equity ratio | 94.2 % | 93.5 % | 75.5 % | 74.0 % | 72.5 % |
Gearing | 3.8 % | 4.7 % | 30.6 % | 31.3 % | 33.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.7 | 15.2 | 3.4 | 3.4 | 3.3 |
Current ratio | 12.1 | 15.2 | 3.4 | 3.4 | 3.3 |
Cash and cash equivalents | 7.11 | 1.41 | 80.78 | 47.74 | 110.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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