COWI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COWI A/S
COWI A/S (CVR number: 44623528) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 3761.9 mDKK in 2023, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 190.5 mDKK), while net earnings were 131.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. COWI A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 061.00 | 2 949.00 | 2 937.00 | 3 275.62 | 3 761.85 |
Gross profit | 3 061.00 | 2 949.00 | 2 937.00 | 140.56 | 191.62 |
EBIT | 73.00 | 148.00 | 81.00 | 140.33 | 190.53 |
Net earnings | 40.00 | 85.00 | 65.00 | 101.89 | 131.32 |
Shareholders equity total | 380.00 | 417.00 | 321.26 | 317.30 | 350.51 |
Balance sheet total (assets) | 1 670.00 | 1 817.00 | 1 449.00 | 1 443.18 | 1 576.59 |
Net debt | 51.97 | 179.07 | |||
Profitability | |||||
EBIT-% | 2.4 % | 5.0 % | 2.8 % | 4.3 % | 5.1 % |
ROA | 4.0 % | 8.5 % | 5.0 % | 15.1 % | 17.2 % |
ROE | 8.7 % | 21.3 % | 17.6 % | 31.9 % | 39.3 % |
ROI | 5.4 % | 8.5 % | 5.0 % | 19.5 % | 30.4 % |
Economic value added (EVA) | 55.12 | 128.91 | 60.05 | 77.12 | 106.72 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 22.0 % | 22.2 % |
Gearing | 25.9 % | 55.3 % | |||
Relative net indebtedness % | 21.7 % | 22.1 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | |||
Current ratio | 1.5 | 1.5 | |||
Cash and cash equivalents | 30.17 | 14.92 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.8 | 54.9 | |||
Net working capital % | 11.4 % | 11.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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