COGARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COGARD ApS
COGARD ApS (CVR number: 29396469) is a company from HORSENS. The company recorded a gross profit of -50.3 kDKK in 2023. The operating profit was -200.3 kDKK, while net earnings were -787.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COGARD ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.80 | -15.39 | -18.02 | - 156.99 | -50.33 |
EBIT | - 262.81 | - 265.39 | - 168.02 | - 306.99 | - 200.33 |
Net earnings | 10 863.10 | 10 533.68 | 21 127.09 | 2 244.26 | - 787.65 |
Shareholders equity total | 16 124.56 | 16 658.25 | 22 785.33 | 15 029.59 | 14 241.93 |
Balance sheet total (assets) | 16 131.04 | 16 756.78 | 30 251.47 | 29 330.49 | 26 187.39 |
Net debt | -4 654.07 | -10 027.32 | -5 536.29 | 14 279.99 | 11 866.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 65.1 % | 65.6 % | 95.8 % | 9.0 % | -0.9 % |
ROE | 65.1 % | 64.3 % | 107.1 % | 11.9 % | -5.4 % |
ROI | 65.1 % | 65.8 % | 98.2 % | 9.2 % | -0.9 % |
Economic value added (EVA) | - 900.20 | - 790.63 | - 438.82 | - 754.51 | - 882.54 |
Solvency | |||||
Equity ratio | 100.0 % | 99.4 % | 75.3 % | 51.2 % | 54.4 % |
Gearing | 28.1 % | 95.0 % | 83.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2 447.3 | 164.9 | 4.0 | 1.2 | 0.7 |
Current ratio | 2 447.3 | 164.9 | 4.0 | 1.2 | 0.7 |
Cash and cash equivalents | 4 654.07 | 10 027.32 | 11 934.44 | 4.43 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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