Cope IT ApS — Credit Rating and Financial Key Figures

CVR number: 40482113
Rolf Krakes Vej 52, 7500 Holstebro
ab@copeit.dk
tel: 40153349

Credit rating

Company information

Official name
Cope IT ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Cope IT ApS

Cope IT ApS (CVR number: 40482113) is a company from HOLSTEBRO. The company recorded a gross profit of 1871.3 kDKK in 2023. The operating profit was 219.1 kDKK, while net earnings were 134 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 63.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Cope IT ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-85.4915.52-19.561 414.021 871.29
EBIT-85.4915.52-19.56220.05219.10
Net earnings-66.6912.02-16.54175.86134.00
Shareholders equity total-26.69-14.67-31.21144.65278.65
Balance sheet total (assets)53.4960.3649.201 807.411 678.11
Net debt43.9532.1657.75897.00362.54
Profitability
EBIT-%
ROA-106.6 %20.0 %-25.2 %23.3 %12.6 %
ROE-124.7 %21.1 %-30.2 %181.4 %63.3 %
ROI-118.7 %21.6 %-25.7 %25.9 %17.0 %
Economic value added (EVA)-66.6814.85-12.52189.18188.27
Solvency
Equity ratio-33.3 %-19.6 %-38.8 %8.0 %16.6 %
Gearing-269.7 %-490.8 %-257.7 %1003.6 %234.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.50.60.7
Current ratio0.70.80.60.60.7
Cash and cash equivalents28.0539.8422.66554.69290.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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