COFOCO SAGAFJORD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COFOCO SAGAFJORD ApS
COFOCO SAGAFJORD ApS (CVR number: 36538945) is a company from TÅRNBY. The company recorded a gross profit of -23.2 kDKK in 2018. The operating profit was -23.5 kDKK, while net earnings were -2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. COFOCO SAGAFJORD ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 2 162.84 | 3 078.06 | -23.19 |
| EBIT | 398.28 | 580.53 | -23.50 |
| Net earnings | 287.02 | 448.90 | -2.75 |
| Shareholders equity total | 156.34 | 605.24 | 602.49 |
| Balance sheet total (assets) | 747.22 | 1 360.65 | 786.98 |
| Net debt | 459.89 | - 270.27 | 152.68 |
| Profitability | |||
| EBIT-% | |||
| ROA | 53.3 % | 55.7 % | 0.2 % |
| ROE | 183.6 % | 117.9 % | -0.5 % |
| ROI | 61.2 % | 93.4 % | 0.3 % |
| Economic value added (EVA) | 309.54 | 437.00 | -40.30 |
| Solvency | |||
| Equity ratio | 20.9 % | 44.5 % | 76.6 % |
| Gearing | 303.3 % | 0.1 % | 26.4 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.2 | 1.8 | 4.3 |
| Current ratio | 0.3 | 1.8 | 4.3 |
| Cash and cash equivalents | 14.23 | 270.89 | 6.24 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | B |
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