Q Workforce Denmark ApS

APSIn liquidationAdvertising protection

CVR 42692425Strandmøllevej 11, 6000 KoldingTemporary employment agency activities and other human resource provisions· NACE 7820Est. 2021 · 5 years old4 employees

Overview

Q Workforce Denmark ApS is a Danish APS based in Kolding, operating in the Temporary employment agency activities and other human resource provisions sector. Incorporated in 2021, the company has 4 employees and reported a gross profit of DKK 431.5k in its latest annual filing.

Gross profit 2023

431.5K DKK

+14% vs 2022

EBITDA margin (of gross profit)

49.8 %

+185% vs 2022

Net profit 2023

204K DKK

+172% vs 2022

Key ratios

See full ratios →

35.4 %

Weak

Among the 40% lowest rated companies in the industry

20222023

1.5×

Weak

Among the 40% lowest rated companies in the industry

20222023

29.6 %

Very strong

Among the 20% highest rated companies in the industry

20222023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Gross profit	431.5K DKK	+14%
EBITDA	214.7K DKK	+185%
Net profit	204K DKK	+172%
Total assets	689.5K DKK	+39%
Equity	244K DKK	+510%
Employees	4	—

Contact

Address

Strandmøllevej 11, 6000 Kolding

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2023), Q Workforce Denmark ApS reported a gross profit of DKK 431.5k, an increase of 14% on the year before. The figures on this page draw on 2 annual filings covering 2022 to 2023. The bottom line showed a net profit of DKK 204.0k, and the EBITDA margin stood at 49.8%.

At the end of 2023, equity financed 35.4% of the balance sheet, and current assets covered short-term debt 1.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022
Gross profit	431	377
Staff expenses	-0	-0
EBITDA	215	-254
Depreciation & amort.	-0	-0
EBIT	215	-254
Net financials	-11	-31
Profit before tax	204	-285
Tax	-0	-0
Net profit	204	-285

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Balance sheet

DKK thousands

Item	2023	2022
Total assets	689	497
Equity	244	40
Long-term debt	0	0
Short-term debt	445	457
Total debt	445	457

Financial ratios

5-year trend

EBITDA margin (of gross profit)

49.8 %

20222023

Equity ratio

35.4 %

Weak

Among the 40% lowest rated companies in the industry

20222023

Return on equity

83.6 %

Very strong

Among the 20% highest rated companies in the industry

20222023

Net profit margin (of gross profit)

47.3 %

20222023

Asset turnover (of gross profit)

0.63×

20222023

Debt / equity

1.83×

Weak

Among the 30% lowest rated companies in the industry

20222023

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)Very strong

Among the 20% 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)Very strong

Among the 20% 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)Very strong

Among the 10% 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 ratioVery strong

Among the 20% highest rated companies in the 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 ratioWeak

Among the 40% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityVery weak

Among the 20% 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 strong

Among the 10% highest 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 ratioAverage

Around the average of companies in the same 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 equityWeak

Among the 30% 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 debtStrong

Among the 40% highest rated companies in the 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 coverageStrong

Among the 40% highest rated companies in the industry

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

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginVery strong

Among the 20% highest rated companies in the 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 capitalWeak

Among the 30% lowest rated companies in the 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 10% 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 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-09-15 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


LB Lars Bollerup Liquidator	Liquidator	2024 – 2024
MP Miguel Pestana Felix Management	Management	2021 – 2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
QW Group AB	Company	100%	100%	2021

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

QW Group AB100%

Q Workforce Denmark ApS (this company)

Board network connections

Board members of Q Workforce Denmark ApS also hold positions in 5 other companies.

Person	Role here	Other companies
Lars Bollerup	Liquidator	5 companies

Frequently asked questions

What is the CVR number of Q Workforce Denmark ApS?

Q Workforce Denmark ApS is registered with CVR / Virk under CVR 42692425.

What is the gross profit of Q Workforce Denmark ApS?

Q Workforce Denmark ApS reported a gross profit of DKK 431.5k in 2023.

How many employees does Q Workforce Denmark ApS have?

Q Workforce Denmark ApS employs 4 people as of the latest annual report.

Where is Q Workforce Denmark ApS headquartered?

Q Workforce Denmark ApS's registered address is Strandmøllevej 11.