COWBELL ApS — Credit Rating and Financial Key Figures

CVR number: 36034742
Stadfeldtsvej 10, 2500 Valby
info@cowbellmusic.dk

Credit rating

Company information

Official name
COWBELL ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About COWBELL ApS

COWBELL ApS (CVR number: 36034742) is a company from KØBENHAVN. The company recorded a gross profit of 884.7 kDKK in 2023. The operating profit was -80.6 kDKK, while net earnings were -91.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COWBELL ApS's liquidity measured by quick ratio was 2.4 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 profit1 696.451 315.792 224.43821.09884.66
EBIT666.06473.161 167.60- 198.70-80.62
Net earnings506.73354.69888.25- 252.04-91.35
Shareholders equity total875.381 119.471 894.721 528.291 319.14
Balance sheet total (assets)1 749.941 754.242 769.192 376.031 973.35
Net debt-1 506.86-1 440.75-2 080.21-1 746.98- 860.89
Profitability
EBIT-%
ROA42.2 %27.0 %51.6 %-7.7 %-3.7 %
ROE75.0 %35.6 %58.9 %-14.7 %-6.4 %
ROI68.6 %41.3 %69.4 %-10.2 %-4.9 %
Economic value added (EVA)561.10406.56932.29- 180.02-57.32
Solvency
Equity ratio50.0 %63.8 %68.4 %64.3 %66.8 %
Gearing17.1 %13.1 %10.8 %16.0 %14.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.53.02.52.4
Current ratio2.02.53.02.52.4
Cash and cash equivalents1 656.841 587.582 285.181 992.101 055.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-3.67%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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