COTECH ApS — Credit Rating and Financial Key Figures

CVR number: 28962533
Værkmestervej 2, 5600 Faaborg
nis@cotech.dk
tel: 30787980
www.cotech.dk

Credit rating

Company information

Official name
COTECH ApS
Personnel
3 persons
Established
2005
Company form
Private limited company
Industry

About COTECH ApS

COTECH ApS (CVR number: 28962533) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 3325.9 kDKK in 2023. The operating profit was 1169.6 kDKK, while net earnings were 911.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 92.8 %, which can be considered excellent and Return on Equity (ROE) was 158.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COTECH ApS's liquidity measured by quick ratio was 2.1 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 profit1 973.931 521.63985.361 387.203 325.88
EBIT237.73- 106.23-92.79198.911 169.58
Net earnings189.18-85.10-74.67150.23911.70
Shareholders equity total330.1645.06-29.61120.611 032.31
Balance sheet total (assets)902.94703.03418.42491.402 028.42
Net debt- 547.77- 328.98140.9446.23-1 511.42
Profitability
EBIT-%
ROA25.7 %-13.2 %-16.1 %42.3 %92.8 %
ROE68.7 %-45.4 %-32.2 %55.7 %158.2 %
ROI83.1 %-37.5 %-52.1 %125.2 %191.6 %
Economic value added (EVA)197.13-71.12-58.35156.40906.06
Solvency
Equity ratio36.6 %6.4 %-6.6 %24.5 %52.2 %
Gearing6.3 %11.9 %-475.9 %38.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.40.91.32.1
Current ratio1.51.40.91.32.0
Cash and cash equivalents568.71334.321 511.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:92.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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