KOELCO ApS — Credit Rating and Financial Key Figures

CVR number: 28157886
Søndre Havnevej 2, 5610 Assens

Credit rating

Company information

Official name
KOELCO ApS
Personnel
4 persons
Established
2004
Company form
Private limited company
Industry

About KOELCO ApS

KOELCO ApS (CVR number: 28157886) is a company from ASSENS. The company recorded a gross profit of 3017.6 kDKK in 2023. The operating profit was 440 kDKK, while net earnings were 284.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. KOELCO ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 153.732 860.343 096.652 836.093 017.58
EBIT670.63675.64757.01507.20439.95
Net earnings511.50513.76568.13367.99284.60
Shareholders equity total794.16807.92876.05744.05728.65
Balance sheet total (assets)2 276.622 722.352 578.932 891.813 301.32
Net debt183.43140.1498.35787.631 044.86
Profitability
EBIT-%
ROA36.2 %27.1 %28.7 %18.6 %14.4 %
ROE64.9 %64.1 %67.5 %45.4 %38.7 %
ROI59.7 %44.1 %48.9 %30.4 %20.6 %
Economic value added (EVA)490.12511.31583.08377.38321.74
Solvency
Equity ratio34.9 %29.7 %34.0 %25.7 %22.1 %
Gearing83.9 %99.6 %70.0 %148.9 %240.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.21.11.1
Current ratio1.31.31.31.21.2
Cash and cash equivalents482.99664.78514.48320.45705.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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