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CollingWorks ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CollingWorks ApS
CollingWorks ApS (CVR number: 42685496) is a company from BRØNDBY. The company reported a net sales of 0.6 mDKK in 2025, demonstrating a decline of -16.4 % compared to the previous year. The operating profit percentage was poor at -24.1 % (EBIT: -0.1 mDKK), while net earnings were -114.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.3 %, which can be considered poor and Return on Equity (ROE) was -49.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CollingWorks ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 854.85 | 1 060.69 | 682.10 | 570.34 |
| Gross profit | 551.68 | 814.66 | 576.14 | 412.59 |
| EBIT | 11.35 | 305.25 | 23.85 | - 137.44 |
| Net earnings | 2.29 | 230.96 | 13.72 | - 114.19 |
| Shareholders equity total | 42.29 | 273.25 | 286.97 | 172.78 |
| Balance sheet total (assets) | 161.16 | 544.69 | 449.98 | 375.46 |
| Net debt | -99.56 | - 373.06 | - 281.15 | - 233.74 |
| Profitability | ||||
| EBIT-% | 1.3 % | 28.8 % | 3.5 % | -24.1 % |
| ROA | 7.0 % | 86.5 % | 4.8 % | -33.3 % |
| ROE | 5.4 % | 146.4 % | 4.9 % | -49.7 % |
| ROI | 11.0 % | 124.4 % | 6.6 % | -45.6 % |
| Economic value added (EVA) | 8.06 | 230.48 | -1.73 | - 125.62 |
| Solvency | ||||
| Equity ratio | 26.2 % | 50.2 % | 63.8 % | 46.0 % |
| Gearing | 143.6 % | 41.9 % | 17.2 % | 54.1 % |
| Relative net indebtedness % | -4.8 % | -20.4 % | -24.6 % | -21.8 % |
| Liquidity | ||||
| Quick ratio | 1.4 | 2.0 | 2.8 | 1.9 |
| Current ratio | 1.4 | 2.0 | 2.8 | 1.9 |
| Cash and cash equivalents | 160.29 | 487.45 | 330.62 | 327.29 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | 0.4 | 19.7 | 63.9 | |
| Net working capital % | 4.9 % | 25.8 % | 42.1 % | 30.3 % |
| Credit risk | ||||
| Credit rating | BBB | BBB | A | BBB |
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