COW-TECH ApS

CVR number: 29213763
Fjelstedvej 16, 9550 Mariager
tel: 98378344

Credit rating

Company information

Official name
COW-TECH ApS
Personnel
12 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About COW-TECH ApS

COW-TECH ApS (CVR number: 29213763) is a company from MARIAGERFJORD. The company recorded a gross profit of 7862.1 kDKK in 2023. The operating profit was 814.8 kDKK, while net earnings were 437.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. COW-TECH ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 759.216 552.576 512.588 216.847 862.09
EBIT993.45873.791 102.231 700.17814.77
Net earnings564.90535.91742.511 182.04437.32
Shareholders equity total2 756.493 292.403 734.914 316.954 154.27
Balance sheet total (assets)8 331.427 855.189 895.4111 811.3810 715.28
Net debt2 263.141 701.602 150.611 663.962 740.98
Profitability
EBIT-%
ROA12.1 %11.1 %12.7 %15.7 %7.2 %
ROE22.8 %17.7 %21.1 %29.4 %10.3 %
ROI17.0 %16.3 %19.5 %27.8 %11.4 %
Economic value added (EVA)656.23534.99682.981 127.12397.02
Solvency
Equity ratio34.9 %41.9 %42.7 %47.6 %39.8 %
Gearing82.1 %51.7 %57.6 %38.5 %66.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.81.30.6
Current ratio1.31.51.41.51.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:7.16%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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