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

CVR number: 63548715
Holmensvej 11, 3600 Frederikssund
reception@co-ro.com
tel: 47365100

Credit rating

Company information

Official name
CO-RO A/S
Personnel
293 persons
Established
1958
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 539.001 706.001 915.001 875.081 956.02
Gross profit443.00507.00520.00531.55556.83
EBIT443.00507.00520.0054.3357.23
Net earnings-44.0026.00- 111.0021.4585.97
Shareholders equity total2 161.002 192.002 065.002 054.022 185.09
Balance sheet total (assets)2 672.002 803.002 663.002 710.172 916.02
Net debt- 742.91- 648.55
Profitability
EBIT-%28.8 %29.7 %27.2 %2.9 %2.9 %
ROA16.2 %18.5 %19.0 %4.8 %4.4 %
ROE-4.1 %1.2 %-5.2 %1.1 %4.6 %
ROI16.2 %18.5 %19.0 %5.1 %5.3 %
Economic value added (EVA)443.00398.41409.85-65.19-71.73
Solvency
Equity ratio100.0 %100.0 %100.0 %76.0 %75.2 %
Gearing10.5 %7.6 %
Relative net indebtedness %-18.0 %-6.6 %
Liquidity
Quick ratio2.42.0
Current ratio3.02.6
Cash and cash equivalents958.99815.03
Capital use efficiency
Trade debtors turnover (days)56.366.0
Net working capital %24.5 %26.2 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:4.45%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member

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