COBO IX Kongefolden 18-20 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COBO IX Kongefolden 18-20 ApS
COBO IX Kongefolden 18-20 ApS (CVR number: 38273027) is a company from KØBENHAVN. The company reported a net sales of 2.6 mDKK in 2024, demonstrating a decline of -7.3 % compared to the previous year. The operating profit percentage was at 85.6 % (EBIT: 2.3 mDKK), while net earnings were 1448 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COBO IX Kongefolden 18-20 ApS's liquidity measured by quick ratio was 4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 644.00 | 2 728.00 | 2 752.00 | 2 844.00 | 2 636.00 |
Gross profit | 4 114.00 | 4 839.00 | 2 189.00 | 2 396.00 | 1 936.00 |
EBIT | 6 136.00 | 7 539.00 | - 530.00 | 5 076.00 | 2 257.00 |
Net earnings | 2 754.00 | 3 352.00 | - 828.00 | 3 507.00 | 1 448.00 |
Shareholders equity total | 12 069.00 | 15 421.00 | 14 593.00 | 18 100.00 | 19 548.00 |
Balance sheet total (assets) | 50 956.00 | 53 561.00 | 50 859.00 | 54 726.00 | 54 900.00 |
Net debt | 34 386.00 | 32 920.00 | 31 722.00 | 31 430.00 | 30 075.00 |
Profitability | |||||
EBIT-% | 232.1 % | 276.4 % | -19.3 % | 178.5 % | 85.6 % |
ROA | 12.3 % | 14.4 % | -1.0 % | 9.7 % | 4.6 % |
ROE | 25.8 % | 24.4 % | -5.5 % | 21.5 % | 7.7 % |
ROI | 9.2 % | 14.6 % | -1.0 % | 9.8 % | 4.6 % |
Economic value added (EVA) | 4 329.30 | 3 688.91 | -2 768.74 | 1 647.97 | - 711.38 |
Solvency | |||||
Equity ratio | 23.7 % | 28.8 % | 28.7 % | 33.1 % | 35.6 % |
Gearing | 284.9 % | 213.5 % | 217.4 % | 173.7 % | 154.2 % |
Relative net indebtedness % | 1353.0 % | 1262.3 % | 1204.9 % | 1157.8 % | 1204.3 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.1 | 2.0 | 4.0 |
Current ratio | 0.0 | 0.0 | 0.1 | 1.9 | 4.0 |
Cash and cash equivalents | 2.00 | 63.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.2 | 0.5 | 2.2 | ||
Net working capital % | -119.8 % | -71.6 % | -28.8 % | 20.8 % | 99.7 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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