CO-RO HOLDING A/S — Credit Rating and Financial Key Figures

CO-RO HOLDING A/S (CVR number: 14790608K) is a company from FREDERIKSSUND. The company reported a net sales of 1915.1 mDKK in 2022, demonstrating a growth of 12.3 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 11.3 mDKK), while net earnings were -111.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. CO-RO HOLDING 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.