WorkXone 2017 A/S — Credit Rating and Financial Key Figures

CVR number: 37643645
Grenåvej 629 E, 8541 Skødstrup

Company information

Official name
WorkXone 2017 A/S
Established
2016
Company form
Limited company
Industry

About WorkXone 2017 A/S

WorkXone 2017 A/S (CVR number: 37643645) is a company from AARHUS. The company recorded a gross profit of -71.2 kDKK in 2019. The operating profit was -104.8 kDKK, while net earnings were -81.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -25.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WorkXone 2017 A/S's liquidity measured by quick ratio was 5 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
2016
2017
2018
2019
Volume
Net sales
Gross profit-1 033.60-34.40- 622.96-71.18
EBIT-1 425.62-34.40- 622.96- 104.79
Net earnings-1 117.17-48.48- 490.25-81.95
Shareholders equity total- 602.18- 650.65- 376.77- 458.72
Balance sheet total (assets)614.78967.20411.38242.57
Net debt1 144.861 582.37739.21668.23
Profitability
EBIT-%
ROA-117.1 %-2.4 %-51.8 %-14.1 %
ROE-181.7 %-6.1 %-71.1 %-25.1 %
ROI-120.1 %-2.5 %-52.8 %-14.6 %
Economic value added (EVA)-1 114.976.32- 452.43-61.60
Solvency
Equity ratio-49.5 %-40.2 %-47.8 %-65.4 %
Gearing-197.2 %-245.6 %-202.5 %-145.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.55.0
Current ratio0.50.60.55.0
Cash and cash equivalents42.5315.4723.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-14.1%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-65.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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