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OFF-WORKS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OFF-WORKS ApS
OFF-WORKS ApS (CVR number: 26373751) is a company from KØGE. The company recorded a gross profit of -75.2 kDKK in 2025. The operating profit was -75.2 kDKK, while net earnings were 1193.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OFF-WORKS ApS's liquidity measured by quick ratio was 297.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 350.80 | - 100.48 | - 110.55 | - 138.19 | -75.24 |
| EBIT | - 350.80 | - 100.48 | - 110.55 | - 138.19 | -75.24 |
| Net earnings | 2 556.42 | -2 896.88 | 1 491.05 | 1 814.99 | 1 193.93 |
| Shareholders equity total | 28 754.02 | 24 257.14 | 23 648.18 | 22 291.17 | 21 105.10 |
| Balance sheet total (assets) | 29 613.99 | 24 300.14 | 23 663.18 | 22 306.17 | 21 176.28 |
| Net debt | -29 449.86 | -23 343.98 | -23 145.58 | -22 241.35 | -21 176.28 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.6 % | -0.4 % | 8.0 % | 9.5 % | 7.0 % |
| ROE | 9.0 % | -10.9 % | 6.2 % | 7.9 % | 5.5 % |
| ROI | 11.8 % | -0.4 % | 8.0 % | 9.5 % | 7.1 % |
| Economic value added (EVA) | -1 678.74 | -1 523.34 | -1 306.56 | -1 303.75 | -1 178.84 |
| Solvency | |||||
| Equity ratio | 97.1 % | 99.8 % | 99.9 % | 99.9 % | 99.7 % |
| Gearing | 0.1 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 34.4 | 565.1 | 1 577.5 | 1 487.1 | 297.5 |
| Current ratio | 34.4 | 565.1 | 1 577.5 | 1 487.1 | 297.5 |
| Cash and cash equivalents | 29 449.86 | 23 371.98 | 23 145.58 | 22 241.35 | 21 176.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AAA |
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