WORK WEAR GROUP A/S — Credit Rating and Financial Key Figures

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.