wordworks ApS

CVR 41548525 · Private limited company (ApS) · Active · Medium risk

wordworks ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry public relations og kommunikation. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 20k and a net result of DKK -171k. CEO: Rune Kieran Andersen Ching.

Bankruptcy risk for wordworks ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
41548525
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Lundtoftegade 100, 2. th
2200 København N
Municipality
København
Industry
Public relations og kommunikation (733000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio40.4%
Current ratio99%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 173kDKK 213kDKK -41k
Net profitDKK -171kDKK 137kDKK -41k
EquityDKK 20kDKK 179kDKK 42k
Total assetsDKK 49kDKK 275kDKK 50k
CashDKK 27kDKK 47k–
Short-term debtDKK 29kDKK 96k–
Tax owed–DKK 24k–
Avg. employees–1–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022188 Late
29 Jul 2020 – 31 Dec 2021195 Late

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEORune Kieran Andersen ChingCurrent
Owner (100%)RKAC ApSCurrent
Owner (100%)Rune Kieran Andersen Ching
FounderRune Kieran Andersen ChingCurrent

The CEOs' other companies

Rune Kieran Andersen Ching – 2 other companies

Address history (2 moves)

Lundtoftegade 100, 2. th, 2200 København N
Skindergade 6, 2., 1159 København K
Lundtoftegade 100, 2. th, 2200 København N

Former names

wordworks ApS – now
Retor ApS –
2rad ApS –
Kardan ApS –
Procopardus ApS –

Other companies at the same address

Similar companies in København

Questions and answers about wordworks ApS

Has wordworks ApS gone bankrupt?

No, wordworks ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of wordworks ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of wordworks ApS?

Rune Kieran Andersen Ching is the CEO of wordworks ApS.

When was wordworks ApS founded?

wordworks ApS was founded on 29 July 2020.

What is the equity of wordworks ApS?

Equity was DKK 20k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.