COLGATE-PALMOLIVE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COLGATE-PALMOLIVE A/S
COLGATE-PALMOLIVE A/S (CVR number: 43418114) is a company from KØBENHAVN. The company reported a net sales of 661.2 mDKK in 2023, demonstrating a growth of 11.4 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 28.7 mDKK), while net earnings were 36.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 29.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. COLGATE-PALMOLIVE 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 516.59 | 559.88 | 593.01 | 593.62 | 661.25 |
Gross profit | 174.68 | 188.75 | 206.18 | 208.15 | 236.37 |
EBIT | 23.65 | 18.47 | 30.73 | 28.03 | 28.73 |
Net earnings | 35.77 | 13.77 | 49.98 | 35.69 | 36.76 |
Shareholders equity total | 105.64 | 99.43 | 113.03 | 118.90 | 127.60 |
Balance sheet total (assets) | 145.37 | 151.13 | 157.82 | 178.86 | 163.79 |
Net debt | 24.53 | 39.02 | 2.70 | ||
Profitability | |||||
EBIT-% | 4.6 % | 3.3 % | 5.2 % | 4.7 % | 4.3 % |
ROA | 14.8 % | 12.5 % | 37.2 % | 25.3 % | 25.9 % |
ROE | 29.8 % | 13.4 % | 47.0 % | 30.8 % | 29.8 % |
ROI | 14.8 % | 12.5 % | 39.8 % | 28.8 % | 30.8 % |
Economic value added (EVA) | 16.87 | 13.16 | 18.31 | 14.79 | 15.83 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 71.6 % | 66.5 % | 77.9 % |
Gearing | 21.7 % | 32.8 % | 2.1 % | ||
Relative net indebtedness % | 7.6 % | 10.1 % | 5.5 % | ||
Liquidity | |||||
Quick ratio | 2.6 | 2.3 | 3.6 | ||
Current ratio | 2.6 | 2.3 | 3.6 | ||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.4 | 35.2 | 22.7 | ||
Net working capital % | 12.1 % | 13.6 % | 14.0 % | ||
Credit risk | |||||
Credit rating | A | BBB | A | AA | A |
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