COVIDENCE A/S — Credit Rating and Financial Key Figures

COVIDENCE A/S (CVR number: 30492765) is a company from AARHUS. The company recorded a gross profit of 116 mDKK in 2023. The operating profit was 60 mDKK, while net earnings were 46.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 56.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. COVIDENCE A/S'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.