WORK WEAR GROUP A/S

CVR number: 33044747
Kirstinehøj 5, 2770 Kastrup

Credit rating

Company information

Official name
WORK WEAR GROUP A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WORK WEAR GROUP A/S

WORK WEAR GROUP A/S (CVR number: 33044747K) is a company from TÅRNBY. The company reported a net sales of 163.7 mDKK in 2018, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 5.3 mDKK), while net earnings were 2833.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WORK WEAR GROUP A/S's liquidity measured by quick ratio was 0.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
201620172018
Volume
Net sales134.05148.50163.69
Gross profit26.1526.2930.42
EBIT3.072.135.34
Net earnings2.510.732.83
Shareholders equity total29.9828.3131.15
Balance sheet total (assets)127.9297.75105.83
Net debt46.0134.3837.64
Profitability
EBIT-%2.3 %1.4 %3.3 %
ROA3.2 %2.0 %5.4 %
ROE8.4 %2.5 %9.5 %
ROI5.2 %3.2 %8.3 %
Economic value added (EVA)2.990.342.04
Solvency
Equity ratio23.4 %29.0 %29.4 %
Gearing154.8 %121.9 %121.5 %
Relative net indebtedness %72.7 %46.7 %45.4 %
Liquidity
Quick ratio0.70.50.5
Current ratio1.21.31.3
Cash and cash equivalents0.400.140.22
Capital use efficiency
Trade debtors turnover (days)128.469.573.8
Net working capital %14.0 %14.1 %14.3 %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:5.38%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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