CO-RO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CO-RO A/S
CO-RO A/S (CVR number: 63548715K) is a company from FREDERIKSSUND. The company reported a net sales of 1956 mDKK in 2024, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 57.2 mDKK), while net earnings were 86 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 539.00 | 1 706.00 | 1 915.00 | 1 875.08 | 1 956.02 |
Gross profit | 443.00 | 507.00 | 520.00 | 531.55 | 556.83 |
EBIT | 443.00 | 507.00 | 520.00 | 54.33 | 57.23 |
Net earnings | -44.00 | 26.00 | - 111.00 | 21.45 | 85.97 |
Shareholders equity total | 2 161.00 | 2 192.00 | 2 065.00 | 2 054.02 | 2 185.09 |
Balance sheet total (assets) | 2 672.00 | 2 803.00 | 2 663.00 | 2 710.17 | 2 916.02 |
Net debt | - 742.91 | - 648.55 | |||
Profitability | |||||
EBIT-% | 28.8 % | 29.7 % | 27.2 % | 2.9 % | 2.9 % |
ROA | 16.2 % | 18.5 % | 19.0 % | 4.8 % | 4.4 % |
ROE | -4.1 % | 1.2 % | -5.2 % | 1.1 % | 4.6 % |
ROI | 16.2 % | 18.5 % | 19.0 % | 5.1 % | 5.3 % |
Economic value added (EVA) | 443.00 | 398.41 | 409.85 | -65.19 | -71.73 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 76.0 % | 75.2 % |
Gearing | 10.5 % | 7.6 % | |||
Relative net indebtedness % | -18.0 % | -6.6 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 2.0 | |||
Current ratio | 3.0 | 2.6 | |||
Cash and cash equivalents | 958.99 | 815.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.3 | 66.0 | |||
Net working capital % | 24.5 % | 26.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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