CO-RO A/S — Credit Rating and Financial Key Figures

CO-RO A/S (CVR number: 63548715K) is a company from FREDERIKSSUND. The company reported a net sales of 1875.1 mDKK in 2023, demonstrating a decline of -2.1 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 54.3 mDKK), while net earnings were 21.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76 %, 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. CO-RO A/S'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.