CowaTech ApS — Credit Rating and Financial Key Figures

CVR number: 39825090
Torvegade 23, 1400 København K
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Company information

Official name
CowaTech ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
Volume
Net sales933.82335.95
Gross profit-8.87-57.43191.7047.05
EBIT-9.52-62.4374.2027.76
Net earnings-9.52-62.5373.0021.28
Shareholders equity total40.48-22.0550.9572.23
Balance sheet total (assets)74.3839.20257.76257.86
Net debt-21.0644.22- 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)-9.52-61.9575.1328.89
Solvency
Equity ratio54.4 %-36.0 %19.8 %28.0 %
Gearing71.4 %-249.4 %58.9 %41.5 %
Relative net indebtedness %1.1 %18.4 %
Liquidity
Quick ratio1.50.31.21.4
Current ratio1.50.31.21.4
Cash and cash equivalents49.9710.78196.47123.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %3.9 %21.5 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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