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
296 persons
Established
1958
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About CO-RO A/S

CO-RO A/S (CVR number: 63548715) is a company from FREDERIKSSUND. The company reported a net sales of 850.6 mDKK in 2023, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -30.3 mDKK), while net earnings were 20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CO-RO A/S's liquidity measured by quick ratio was 4.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales885 765.00850 599.00
Gross profit203 379.00170 097.00
EBIT-17 963.00-30 257.00
Net earnings- 103 535.0020 603.00
Shareholders equity total1 817 870.001 828 100.00
Balance sheet total (assets)1 970 963.002 058 555.00
Net debt- 704 145.00- 660 118.00
Profitability
EBIT-%-2.0 %-3.6 %
ROA0.4 %2.9 %
ROE-5.7 %1.1 %
ROI0.4 %3.0 %
Economic value added (EVA)-17 334.74-16 008.57-58 106.28
Solvency
Equity ratio92.2 %88.8 %
Gearing2.9 %7.0 %
Relative net indebtedness %-68.1 %-65.6 %
Liquidity
Quick ratio6.64.5
Current ratio7.95.1
Cash and cash equivalents756 516.00788 072.00
Capital use efficiency
Trade debtors turnover (days)35.134.3
Net working capital %36.4 %30.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.8%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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