COTINE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COTINE HOLDING ApS
COTINE HOLDING ApS (CVR number: 30088522) is a company from HOLBÆK. The company recorded a gross profit of 17.4 kDKK in 2024. The operating profit was 17.4 kDKK, while net earnings were -43 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. COTINE HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.35 | 30.95 | 70.02 | 32.89 | 17.36 |
EBIT | -10.35 | 30.95 | 70.02 | 32.89 | 17.36 |
Net earnings | 5.17 | -26.30 | 20.97 | -40.25 | -42.97 |
Shareholders equity total | 600.81 | 574.51 | 595.48 | 555.23 | 512.27 |
Balance sheet total (assets) | 1 780.65 | 1 739.26 | 1 758.14 | 1 793.74 | 1 800.70 |
Net debt | 911.55 | 946.27 | 956.44 | 1 160.99 | 1 190.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | -1.2 % | 4.1 % | 1.9 % | 1.0 % |
ROE | 0.9 % | -4.5 % | 3.6 % | -7.0 % | -8.0 % |
ROI | 1.0 % | -1.2 % | 4.1 % | 2.0 % | 1.0 % |
Economic value added (EVA) | -85.42 | -50.94 | -21.61 | -52.14 | -68.87 |
Solvency | |||||
Equity ratio | 33.7 % | 33.0 % | 33.9 % | 31.0 % | 28.4 % |
Gearing | 193.6 % | 200.0 % | 192.9 % | 219.8 % | 244.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.3 | 11.0 | 13.0 | 0.9 | 0.6 |
Current ratio | 7.3 | 11.0 | 13.0 | 0.9 | 0.6 |
Cash and cash equivalents | 251.78 | 202.98 | 192.22 | 59.31 | 61.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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