Work System Danmark A/S

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CVR 41250755Skovsøvej 27, 4200 SlagelseWholesale of motor vehicle parts and accessories· NACE 4672Est. 2020 · 6 years old16 employeeshttps://www.worksystem.dk

Overview

Work System Danmark A/S is a Danish A/S based in Slagelse, operating in the Wholesale of motor vehicle parts and accessories sector. Incorporated in 2020, the company has 16 employees and reported a gross profit of DKK 8.0m in its latest annual filing.

Gross profit 2026

8M DKK

+39% vs 2025

EBITDA margin (of gross profit)

22.3 %

+286% vs 2025

Net profit 2026

0.5M DKK

+137% vs 2025

Key ratios

See full ratios →

20.5 %

Weak

Among the 40% lowest rated companies in the industry

20222026

0.7×

Very weak

Among the 20% lowest rated companies in the industry

20222026

6.1 %

Strong

Among the 40% highest rated companies in the industry

20222026

EBITDA — year on year

DKK thousands

Key figures

Annual report 2026

Gross profit	8M DKK	+39%
EBITDA	1.8M DKK	+286%
Net profit	0.5M DKK	+137%
Total assets	8.4M DKK	+9%
Equity	1.7M DKK	+43%
Employees	16	—

Contact

Address

Skovsøvej 27, 4200 Slagelse

Phone

+45 6610 1199

info@worksystem.dk

Website

https://www.worksystem.dk

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2026), Work System Danmark A/S reported a gross profit of DKK 8.0m, an increase of 39% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2026. The bottom line showed a net profit of DKK 515.0k, and the EBITDA margin stood at 22.3%.

At the end of 2026, equity financed 20.5% of the balance sheet, and current assets covered short-term debt 0.7 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2026	2025	2024	2023	2022
Gross profit	8,025	5,759	3,791	7,665	4,125
Staff expenses	-6,123	-6,683	-3,323	-5,903	-3,340
EBITDA	1,789	-962	468	1,737	737
Depreciation & amort.	-745	-456	-176	-187	-19
EBIT	1,044	-1,418	293	1,550	719
Net financials	-355	-322	-62	-43	310
Profit before tax	689	-1,739	230	1,507	1,029
Tax	174	-361	64	351	55
Net profit	515	-1,379	167	1,155	974

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Balance sheet

DKK thousands

Item	2026	2025	2024	2023	2022
Total assets	8,396	7,686	4,196	5,795	3,342
Equity	1,725	1,210	588	1,673	482
Long-term debt	976	648	292	0	0
Short-term debt	5,695	5,828	3,317	4,122	2,859
Total debt	6,671	6,476	3,608	4,122	2,859

Financial ratios

5-year trend

EBITDA margin (of gross profit)

22.3 %

20222026

Equity ratio

20.5 %

Weak

Among the 40% lowest rated companies in the industry

20222026

Return on equity

29.9 %

Strong

Among the 30% highest rated companies in the industry

20222026

Net profit margin (of gross profit)

6.4 %

20222026

Asset turnover (of gross profit)

0.96×

20222026

Debt / equity

3.87×

Very weak

Among the 20% lowest rated companies in the industry

20222026

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 40% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 10% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 40% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2026
Filed via CVR / Virk · Period 2025-07-01 – 2026-06-30
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Annual report 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-06-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF