Cotec ApS

CVR number: 10995841
Klostervang 1, 4200 Slagelse

Credit rating

Company information

Official name
Cotec ApS
Established
1987
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About Cotec ApS

Cotec ApS (CVR number: 10995841) is a company from SLAGELSE. The company recorded a gross profit of 489.2 kDKK in 2023. The operating profit was 489.2 kDKK, while net earnings were 390.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.3 %, 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. Cotec 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
20192020202120222023
Volume
Net sales
Gross profit442.90451.30451.38480.45489.18
EBIT442.90451.30451.38480.45489.18
Net earnings282.65352.32350.68374.71390.74
Shareholders equity total670.04822.35973.031 147.741 538.48
Balance sheet total (assets)3 112.543 364.433 614.013 894.403 395.96
Net debt1 864.311 935.151 777.811 388.57984.58
Profitability
EBIT-%
ROA15.9 %15.3 %14.2 %14.1 %15.7 %
ROE45.0 %47.2 %39.1 %35.3 %29.1 %
ROI16.3 %15.8 %14.7 %14.5 %16.2 %
Economic value added (EVA)338.37343.04335.89363.90386.45
Solvency
Equity ratio21.5 %24.4 %26.9 %29.5 %45.3 %
Gearing351.6 %296.2 %260.5 %229.5 %113.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.60.60.7
Current ratio0.40.50.60.60.7
Cash and cash equivalents491.46500.35757.061 245.20754.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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