CNO ApS

CNO ApS (CVR number: 28698666) is a company from KOLDING. The company recorded a gross profit of 470.3 kDKK in 2018. The operating profit was 122.6 kDKK, while net earnings were 114.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.6 %, which can be considered excellent and Return on Equity (ROE) was 78.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CNO ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.