Excellence of Cotnari ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Excellence of Cotnari ApS
Excellence of Cotnari ApS (CVR number: 40833315) is a company from HELSINGØR. The company recorded a gross profit of -198.6 kDKK in 2022. The operating profit was -198.6 kDKK, while net earnings were 20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Excellence of Cotnari ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 0.12 | -4.19 | -45.78 | - 198.59 |
| EBIT | 0.12 | -4.19 | -45.78 | - 198.59 |
| Net earnings | 0.08 | -3.64 | -39.99 | 20.84 |
| Shareholders equity total | 40.08 | 36.44 | -3.55 | 17.29 |
| Balance sheet total (assets) | 72.28 | 63.94 | 235.66 | 43.96 |
| Net debt | 2.68 | -46.20 | 209.66 | -21.74 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 0.2 % | -6.2 % | -30.2 % | 19.9 % |
| ROE | 0.2 % | -9.5 % | -29.4 % | 16.5 % |
| ROI | 0.2 % | -7.9 % | -32.9 % | 23.0 % |
| Economic value added (EVA) | 0.12 | -5.59 | -38.43 | - 146.69 |
| Solvency | ||||
| Equity ratio | 55.5 % | 57.0 % | -1.5 % | 39.3 % |
| Gearing | 37.4 % | 41.2 % | -6388.0 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.2 | 2.3 | 0.1 | 1.6 |
| Current ratio | 2.2 | 2.3 | 1.0 | 1.6 |
| Cash and cash equivalents | 12.32 | 61.20 | 17.05 | 21.74 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | BB | B |
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