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 -39.3 kDKK in 2024. The operating profit was -39.3 kDKK, while net earnings were 5378.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COGARD ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.39 | -18.02 | - 156.99 | -50.33 | -39.33 |
EBIT | - 265.39 | - 168.02 | - 306.99 | - 200.33 | -39.33 |
Net earnings | 10 533.68 | 21 127.09 | 2 244.26 | - 787.65 | 5 378.11 |
Shareholders equity total | 16 658.25 | 22 785.33 | 15 029.59 | 14 241.93 | 19 620.05 |
Balance sheet total (assets) | 16 756.78 | 30 251.47 | 29 330.49 | 26 187.39 | 31 225.86 |
Net debt | -10 027.32 | -5 536.29 | 14 279.99 | 11 866.45 | 11 585.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 65.6 % | 95.8 % | 9.0 % | -0.9 % | 26.6 % |
ROE | 64.3 % | 107.1 % | 11.9 % | -5.4 % | 31.8 % |
ROI | 65.8 % | 98.2 % | 9.2 % | -0.9 % | 26.7 % |
Economic value added (EVA) | -1 038.32 | - 968.25 | -1 690.43 | -1 615.26 | -1 345.05 |
Solvency | |||||
Equity ratio | 99.4 % | 75.3 % | 51.2 % | 54.4 % | 62.8 % |
Gearing | 28.1 % | 95.0 % | 83.3 % | 59.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 164.9 | 4.0 | 1.2 | 0.7 | 1.2 |
Current ratio | 164.9 | 4.0 | 1.2 | 0.7 | 1.2 |
Cash and cash equivalents | 10 027.32 | 11 934.44 | 4.43 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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