Coong Transport ApS — Credit Rating and Financial Key Figures

Coong Transport ApS (CVR number: 41886765) is a company from ODENSE. The company recorded a gross profit of 7680.5 kDKK in 2023. The operating profit was 370.7 kDKK, while net earnings were 282.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. Coong Transport ApS's liquidity measured by quick ratio was 1.6 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.