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

CVR number: 14790608
Holmensvej 11, 3600 Frederikssund
tel: 47365100

Company information

Official name
CO-RO HOLDING A/S
Established
1990
Company form
Limited company
Industry

About CO-RO HOLDING A/S

CO-RO HOLDING A/S (CVR number: 14790608) is a company from FREDERIKSSUND. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was -74 kDKK, while net earnings were -103.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CO-RO HOLDING A/S's liquidity measured by quick ratio was 329.3 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit
EBIT-29.00-24.00-21.00-36.00-74.00
Net earnings66 665.00118 935.00-34 688.0033 726.00- 103 535.00
Shareholders equity total1 809 497.001 938 602.001 860 200.001 915 780.001 817 870.00
Balance sheet total (assets)1 815 510.001 943 118.001 867 970.001 919 810.001 820 522.00
Net debt- 802 087.00- 863 206.00- 878 455.00- 895 723.00- 731 831.00
Profitability
EBIT-%
ROA5.9 %7.1 %-1.5 %2.1 %-1.2 %
ROE3.7 %6.3 %-1.8 %1.8 %-5.5 %
ROI5.9 %7.1 %-1.5 %2.1 %-1.2 %
Economic value added (EVA)42 698.1142 586.6047 001.7641 728.9743 744.13
Solvency
Equity ratio99.7 %99.8 %99.6 %99.8 %99.9 %
Gearing0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio141.6199.5119.1233.1329.3
Current ratio141.6199.5119.1233.1329.3
Cash and cash equivalents802 087.00863 206.00878 455.00899 729.00734 443.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-1.24%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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