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Work in Progres ApS — Credit Rating and Financial Key Figures

CVR number: 43419781
Tøndervej 25, Bastrup 6580 Vamdrup
LT@workip.dk
tel: 60905744
www.workip.dk
Free credit report Annual report

Company information

Official name
Work in Progres ApS
Personnel
11 persons
Established
2022
Domicile
Bastrup
Company form
Private limited company
Industry

About Work in Progres ApS

Work in Progres ApS (CVR number: 43419781) is a company from KOLDING. The company recorded a gross profit of 3119.2 kDKK in 2025. The operating profit was 216.6 kDKK, while net earnings were 163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -3.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Work in Progres ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
2025
Volume
Net sales
Gross profit4 216.092 629.203 119.21
EBIT132.88- 289.54216.56
Net earnings98.70- 236.23163.54
Shareholders equity total138.70- 187.53-23.99
Balance sheet total (assets)523.26297.61677.43
Net debt- 446.405.62- 469.56
Profitability
EBIT-%
ROA25.4 %-57.4 %36.5 %
ROE71.2 %-108.3 %33.5 %
ROI93.3 %-317.0 %829.9 %
Economic value added (EVA)101.67- 236.70175.07
Solvency
Equity ratio26.5 %-38.7 %-3.4 %
Gearing2.5 %-21.4 %-50.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.60.9
Current ratio1.40.60.9
Cash and cash equivalents449.8734.48481.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCB

Variable visualization

ROA:36.5%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:-3.42%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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