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COVIDENCE A/S — Credit Rating and Financial Key Figures

CVR number: 30492765
Lystrupvej 50, 8240 Risskov
info@covidence.com
tel: 88809001
Free credit report Annual report

Company information

Official name
COVIDENCE A/S
Personnel
32 persons
Established
2007
Company form
Limited company
Industry

About COVIDENCE A/S

COVIDENCE A/S (CVR number: 30492765) is a company from AARHUS. The company recorded a gross profit of 108.3 mDKK in 2024. The operating profit was 55 mDKK, while net earnings were 43.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit109 910.04124 187.07119 088.60116 008.40108 315.63
EBIT83 375.8979 951.4866 474.9659 969.6554 991.19
Net earnings65 839.0570 177.8449 667.7146 327.4343 216.30
Shareholders equity total97 198.93102 361.3384 273.1780 960.2477 580.07
Balance sheet total (assets)129 248.47138 125.43172 305.14159 011.12157 409.61
Net debt-40 710.10-28 102.0921 616.1614 562.4831 245.84
Profitability
EBIT-%
ROA72.3 %67.2 %45.8 %38.3 %36.9 %
ROE76.0 %70.3 %53.2 %56.1 %54.5 %
ROI93.3 %85.0 %58.0 %49.0 %47.7 %
Economic value added (EVA)62 062.8258 425.2045 892.3338 716.4136 630.89
Solvency
Equity ratio75.2 %74.6 %48.9 %50.9 %49.9 %
Gearing0.8 %1.0 %52.8 %41.3 %46.7 %
Relative net indebtedness %
Liquidity
Quick ratio5.34.00.70.60.7
Current ratio6.95.91.11.11.2
Cash and cash equivalents41 470.9029 174.5022 884.3018 844.754 961.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:36.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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