CO-RO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -29.00 | -24.00 | -21.00 | -36.00 | -74.00 |
Net earnings | 66 665.00 | 118 935.00 | -34 688.00 | 33 726.00 | - 103 535.00 |
Shareholders equity total | 1 809 497.00 | 1 938 602.00 | 1 860 200.00 | 1 915 780.00 | 1 817 870.00 |
Balance sheet total (assets) | 1 815 510.00 | 1 943 118.00 | 1 867 970.00 | 1 919 810.00 | 1 820 522.00 |
Net debt | - 802 087.00 | - 863 206.00 | - 878 455.00 | - 895 723.00 | - 731 831.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 7.1 % | -1.5 % | 2.1 % | -1.2 % |
ROE | 3.7 % | 6.3 % | -1.8 % | 1.8 % | -5.5 % |
ROI | 5.9 % | 7.1 % | -1.5 % | 2.1 % | -1.2 % |
Economic value added (EVA) | 42 698.11 | 42 586.60 | 47 001.76 | 41 728.97 | 43 744.13 |
Solvency | |||||
Equity ratio | 99.7 % | 99.8 % | 99.6 % | 99.8 % | 99.9 % |
Gearing | 0.2 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 141.6 | 199.5 | 119.1 | 233.1 | 329.3 |
Current ratio | 141.6 | 199.5 | 119.1 | 233.1 | 329.3 |
Cash and cash equivalents | 802 087.00 | 863 206.00 | 878 455.00 | 899 729.00 | 734 443.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | A |
Variable visualization
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