Covi Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39348780
Kastagervej 1 A, 2730 Herlev

Company information

Official name
Covi Ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About Covi Ejendomme ApS

Covi Ejendomme ApS (CVR number: 39348780) is a company from HERLEV. The company recorded a gross profit of 977.2 kDKK in 2024. The operating profit was 693 kDKK, while net earnings were 531.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. Covi Ejendomme ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit788.08859.63950.631 011.77977.19
EBIT492.29563.85682.26719.81692.99
Net earnings354.41412.51518.50514.67531.40
Shareholders equity total6 038.996 451.506 769.996 884.667 016.06
Balance sheet total (assets)8 567.278 823.509 028.059 016.478 932.64
Net debt1 151.41405.47-62.91- 208.72- 679.91
Profitability
EBIT-%
ROA5.6 %6.5 %7.6 %8.0 %7.8 %
ROE6.0 %6.6 %7.8 %7.5 %7.6 %
ROI6.0 %6.9 %8.2 %8.6 %8.4 %
Economic value added (EVA)41.0487.90220.14212.29213.76
Solvency
Equity ratio70.5 %73.1 %75.0 %76.4 %78.5 %
Gearing25.6 %20.9 %17.1 %13.9 %10.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.42.01.92.3
Current ratio0.61.42.01.92.3
Cash and cash equivalents393.06945.081 218.001 167.741 439.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.84%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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