CowaTech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CowaTech ApS
CowaTech ApS (CVR number: 39825090) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2021, demonstrating a decline of -64 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 0 mDKK), while net earnings were 21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CowaTech ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 933.82 | 335.95 | ||
| Gross profit | -8.87 | -57.43 | 191.70 | 47.05 | 
| EBIT | -9.52 | -62.43 | 74.20 | 27.76 | 
| Net earnings | -9.52 | -62.53 | 73.00 | 21.28 | 
| Shareholders equity total | 40.48 | -22.05 | 50.95 | 72.23 | 
| Balance sheet total (assets) | 74.38 | 39.20 | 257.76 | 257.86 | 
| Net debt | -21.06 | 44.22 | - 166.47 | -93.86 | 
| Profitability | ||||
| EBIT-% | 7.9 % | 8.3 % | ||
| ROA | -12.8 % | -92.1 % | 46.5 % | 10.8 % | 
| ROE | -23.5 % | -157.0 % | 162.0 % | 34.5 % | 
| ROI | -13.7 % | -100.4 % | 109.2 % | 30.3 % | 
| Economic value added (EVA) | -9.52 | -61.95 | 75.13 | 28.89 | 
| Solvency | ||||
| Equity ratio | 54.4 % | -36.0 % | 19.8 % | 28.0 % | 
| Gearing | 71.4 % | -249.4 % | 58.9 % | 41.5 % | 
| Relative net indebtedness % | 1.1 % | 18.4 % | ||
| Liquidity | ||||
| Quick ratio | 1.5 | 0.3 | 1.2 | 1.4 | 
| Current ratio | 1.5 | 0.3 | 1.2 | 1.4 | 
| Cash and cash equivalents | 49.97 | 10.78 | 196.47 | 123.86 | 
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | 3.9 % | 21.5 % | ||
| Credit risk | ||||
| Credit rating | BB | B | B | BB | 
Variable visualization
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
 
 ... and more!
No registration needed.