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

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

About WORK WEAR GROUP A/S

WORK WEAR GROUP A/S (CVR number: 33044747) is a company from TÅRNBY. The company recorded a gross profit of -2499.8 kDKK in 2024. The operating profit was -2639.8 kDKK, while net earnings were 31.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 52.2 %, which can be considered excellent and Return on Equity (ROE) was 97.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WORK WEAR GROUP A/S's liquidity measured by quick ratio was 67.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3 542.18-2 441.13-2 707.09-3 564.74-2 499.79
EBIT-4 119.81-3 018.76-3 284.73-4 142.37-2 639.79
Net earnings-1 884.503 006.363 825.70-3 350.9731 437.43
Shareholders equity total25 272.0128 278.3831 104.0723 700.5940 538.02
Balance sheet total (assets)38 241.5543 606.5853 888.8882 478.0440 865.74
Net debt12 944.8215 288.5322 762.4458 653.90-20 102.89
Profitability
EBIT-%
ROA-6.7 %5.7 %6.8 %-2.3 %52.2 %
ROE-7.2 %11.2 %12.9 %-12.2 %97.9 %
ROI-6.7 %5.7 %6.8 %-2.3 %52.3 %
Economic value added (EVA)-5 327.34-4 275.14-4 874.90-6 144.24-6 465.48
Solvency
Equity ratio66.1 %64.8 %57.7 %28.7 %99.2 %
Gearing51.2 %54.1 %73.2 %247.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.30.067.8
Current ratio0.10.10.30.067.8
Cash and cash equivalents2.3517.3120 399.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:52.2%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-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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