WORK WEAR GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -1 884.50 | 3 006.36 | 3 825.70 | -3 350.97 | 31 437.43 |
Shareholders equity total | 25 272.01 | 28 278.38 | 31 104.07 | 23 700.59 | 40 538.02 |
Balance sheet total (assets) | 38 241.55 | 43 606.58 | 53 888.88 | 82 478.04 | 40 865.74 |
Net debt | 12 944.82 | 15 288.53 | 22 762.44 | 58 653.90 | -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 ratio | 66.1 % | 64.8 % | 57.7 % | 28.7 % | 99.2 % |
Gearing | 51.2 % | 54.1 % | 73.2 % | 247.5 % | 0.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.3 | 0.0 | 67.8 |
Current ratio | 0.1 | 0.1 | 0.3 | 0.0 | 67.8 |
Cash and cash equivalents | 2.35 | 17.31 | 20 399.41 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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