COVA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21701602
Søndre Mellemvej 41, 4000 Roskilde

Credit rating

Company information

Official name
COVA HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About COVA HOLDING ApS

COVA HOLDING ApS (CVR number: 21701602) is a company from ROSKILDE. The company recorded a gross profit of -9.4 kDKK in 2023. The operating profit was -9.4 kDKK, while net earnings were 20.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COVA HOLDING ApS's liquidity measured by quick ratio was 369.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.00-6.00-6.00-7.00-9.44
EBIT-6.00-6.00-6.00-7.00-9.44
Net earnings-6.00-13.00-24.00-12.0020.54
Shareholders equity total2 025.001 862.001 683.001 516.001 380.26
Balance sheet total (assets)2 029.001 866.001 687.001 520.001 384.01
Net debt-2 000.00-1 837.00-1 680.00-1 513.00-1 384.01
Profitability
EBIT-%
ROA-0.3 %-0.3 %-0.3 %-0.4 %1.4 %
ROE-0.3 %-0.7 %-1.4 %-0.8 %1.4 %
ROI-0.3 %-0.3 %-0.3 %-0.4 %1.4 %
Economic value added (EVA)-7.41-7.26-7.26-7.15-9.59
Solvency
Equity ratio99.8 %99.8 %99.8 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio507.3466.5421.8380.0369.1
Current ratio507.3466.5421.8380.0369.1
Cash and cash equivalents2 000.001 837.001 680.001 513.001 384.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.41%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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