COMWELL A/S — Credit Rating and Financial Key Figures

CVR number: 73233410
Sjællandsvej 1, 6000 Kolding
denmark@comwell.com
tel: 76341200

Credit rating

Company information

Official name
COMWELL A/S
Personnel
103 persons
Established
1983
Company form
Limited company
Industry

About COMWELL A/S

COMWELL A/S (CVR number: 73233410) is a company from KOLDING. The company reported a net sales of 109.6 mDKK in 2023, demonstrating a growth of 8.6 % compared to the previous year. The operating profit percentage was at 13.5 % (EBIT: 14.8 mDKK), while net earnings were 34.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. COMWELL A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales77.3178.3289.86100.87109.58
Gross profit49.3458.0759.2261.3484.85
EBIT-2.145.263.63-5.8614.79
Net earnings9.23-42.71-10.8747.0634.55
Shareholders equity total236.23195.32184.54233.65267.32
Balance sheet total (assets)298.57269.75278.46389.69449.36
Net debt12.9325.2522.4871.5748.02
Profitability
EBIT-%-2.8 %6.7 %4.0 %-5.8 %13.5 %
ROA3.0 %-14.4 %-2.9 %14.9 %9.7 %
ROE4.0 %-19.8 %-5.7 %22.5 %13.8 %
ROI3.4 %-17.0 %-3.7 %19.0 %11.7 %
Economic value added (EVA)-16.46-8.91-8.35-15.00-4.27
Solvency
Equity ratio85.5 %81.2 %76.7 %66.5 %64.5 %
Gearing9.6 %13.6 %12.2 %30.7 %37.6 %
Relative net indebtedness %68.0 %93.3 %104.5 %146.4 %112.4 %
Liquidity
Quick ratio1.91.20.60.61.0
Current ratio1.10.70.30.40.8
Cash and cash equivalents9.731.340.020.0752.56
Capital use efficiency
Trade debtors turnover (days)48.536.625.744.047.7
Net working capital %10.4 %-28.6 %-60.9 %-77.7 %-29.8 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.70%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer
Chief executive officer

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