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: 63548715) is a company from FREDERIKSSUND. The company reported a net sales of 958.9 mDKK in 2024, demonstrating a growth of 12.7 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 28.4 mDKK), while net earnings were 64.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.7 %, 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 3.6 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
2023
2024
Volume
Net sales850 599.00958 890.00
Gross profit170 097.00237 204.00
EBIT-30 257.0028 424.00
Net earnings20 603.0064 604.00
Shareholders equity total1 828 100.001 887 716.00
Balance sheet total (assets)2 058 555.002 152 272.00
Net debt- 660 118.00- 519 188.00
Profitability
EBIT-%-3.6 %3.0 %
ROA2.8 %4.9 %
ROE1.1 %3.5 %
ROI2.9 %5.2 %
Economic value added (EVA)-21 482.47-76 422.05
Solvency
Equity ratio88.8 %87.7 %
Gearing7.0 %6.7 %
Relative net indebtedness %-65.6 %-40.5 %
Liquidity
Quick ratio4.53.6
Current ratio5.14.3
Cash and cash equivalents788 072.00645 675.00
Capital use efficiency
Trade debtors turnover (days)34.333.7
Net working capital %30.9 %30.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.7%
Rating: 68/100
-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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