COWEX A/S — Credit Rating and Financial Key Figures

CVR number: 16004685
Rebslagervej 4, Tejn 3770 Allinge

Company information

Official name
COWEX A/S
Personnel
8 persons
Established
1992
Domicile
Tejn
Company form
Limited company
Industry

About COWEX A/S

COWEX A/S (CVR number: 16004685) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 3442.1 kDKK in 2023. The operating profit was 485.3 kDKK, while net earnings were 362.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COWEX A/S's liquidity measured by quick ratio was 4.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit3 594.003 152.863 628.733 222.393 442.11
EBIT577.00376.95443.45487.80485.25
Net earnings430.00268.16326.36367.20362.74
Shareholders equity total4 152.004 420.054 746.415 113.614 826.35
Balance sheet total (assets)5 754.006 255.157 172.905 800.705 663.16
Net debt713.00801.921 287.25-93.61- 542.03
Profitability
EBIT-%
ROA9.0 %6.3 %6.6 %7.5 %8.5 %
ROE10.9 %6.3 %7.1 %7.4 %7.3 %
ROI9.7 %6.9 %7.5 %8.3 %9.1 %
Economic value added (EVA)263.2689.98126.43141.82136.66
Solvency
Equity ratio72.2 %70.7 %66.2 %88.2 %85.2 %
Gearing19.4 %19.4 %27.5 %4.0 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.85.04.5
Current ratio3.83.62.99.57.8
Cash and cash equivalents92.0053.9716.97300.20729.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:8.48%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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