Credit rating
Company information
About COWI GULF A/S
COWI GULF A/S (CVR number: 12296878) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 12.1 mDKK in 2023. The operating profit was -556 kDKK, while net earnings were -557 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COWI GULF A/S's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40 409.00 | 26 075.00 | 19 372.00 | 13 338.00 | 12 127.00 |
EBIT | 5 211.00 | -2 076.00 | 2 620.00 | -1 879.00 | - 556.00 |
Net earnings | 5 375.00 | -4 562.00 | 3 923.00 | -1 308.00 | - 557.00 |
Shareholders equity total | 27 807.00 | 23 425.00 | 27 253.00 | 25 970.00 | 13 487.00 |
Balance sheet total (assets) | 51 429.00 | 42 008.00 | 31 768.00 | 33 150.00 | 21 496.00 |
Net debt | -7 455.00 | -8 273.00 | -18 330.00 | -4 591.00 | -4 390.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | -3.5 % | 11.8 % | 8.0 % | 0.2 % |
ROE | 21.4 % | -17.8 % | 15.5 % | -4.9 % | -2.8 % |
ROI | 22.6 % | -4.8 % | 14.9 % | 9.2 % | 0.3 % |
Economic value added (EVA) | 5 048.89 | -2 699.37 | 2 218.19 | -2 332.72 | -1 194.09 |
Solvency | |||||
Equity ratio | 54.1 % | 55.8 % | 85.8 % | 78.3 % | 62.7 % |
Gearing | 33.0 % | 32.8 % | 0.9 % | 12.0 % | 25.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.2 | 6.9 | 4.5 | 2.7 |
Current ratio | 2.1 | 2.2 | 6.9 | 4.5 | 2.7 |
Cash and cash equivalents | 16 623.00 | 15 968.00 | 18 570.00 | 7 718.00 | 7 866.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | A | BBB | BBB |
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