CoworkersMind ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CoworkersMind ApS
CoworkersMind ApS (CVR number: 40891935) is a company from ODENSE. The company recorded a gross profit of 741 kDKK in 2024. The operating profit was -19.9 kDKK, while net earnings were -20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. CoworkersMind ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 528.38 | 1 179.72 | 943.86 | 1 199.32 | 741.04 |
EBIT | 766.53 | 445.91 | 219.20 | 381.65 | -19.87 |
Net earnings | 596.17 | 342.38 | 167.50 | 296.13 | -20.74 |
Shareholders equity total | 636.17 | 578.55 | 406.06 | 452.19 | 131.44 |
Balance sheet total (assets) | 1 222.11 | 897.41 | 729.91 | 871.61 | 370.89 |
Net debt | - 702.13 | - 669.60 | - 570.78 | - 717.48 | - 292.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 62.7 % | 42.1 % | 26.9 % | 47.7 % | -3.0 % |
ROE | 93.7 % | 56.4 % | 34.0 % | 69.0 % | -7.1 % |
ROI | 120.5 % | 73.4 % | 44.5 % | 89.0 % | -5.6 % |
Economic value added (EVA) | 596.63 | 350.49 | 174.97 | 305.63 | -6.54 |
Solvency | |||||
Equity ratio | 52.1 % | 64.5 % | 55.6 % | 51.9 % | 35.4 % |
Gearing | 56.1 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.8 | 2.3 | 2.1 | 1.5 |
Current ratio | 2.1 | 2.8 | 2.3 | 2.1 | 1.5 |
Cash and cash equivalents | 702.13 | 669.60 | 570.78 | 717.48 | 366.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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