COBE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COBE A/S
COBE A/S (CVR number: 30914678K) is a company from KØBENHAVN. The company reported a net sales of 134.2 mDKK in 2023, demonstrating a growth of 3.3 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 7.9 mDKK), while net earnings were 6288.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, 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. COBE A/S's liquidity measured by quick ratio was 5.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 121.75 | 99.40 | 95.62 | 129.96 | 134.18 |
Gross profit | 121.75 | 99.40 | 95.62 | 93.68 | 94.48 |
EBIT | 10.07 | 1.27 | 2.17 | 7.08 | 7.86 |
Net earnings | 8.02 | 0.34 | 1.66 | 5.13 | 6.29 |
Shareholders equity total | 18.96 | 16.29 | 17.98 | 22.58 | 24.36 |
Balance sheet total (assets) | 53.03 | 51.21 | 52.34 | 59.82 | 62.14 |
Net debt | -21.39 | -27.33 | |||
Profitability | |||||
EBIT-% | 8.3 % | 1.3 % | 2.3 % | 5.4 % | 5.9 % |
ROA | 21.4 % | 2.4 % | 4.2 % | 13.8 % | 16.2 % |
ROE | 49.6 % | 1.9 % | 9.7 % | 25.4 % | 26.8 % |
ROI | 28.0 % | 2.4 % | 4.2 % | 16.5 % | 23.1 % |
Economic value added (EVA) | 9.71 | 0.32 | 1.35 | 4.58 | 5.89 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.6 % | 45.0 % |
Gearing | 0.4 % | ||||
Relative net indebtedness % | -2.4 % | -7.1 % | |||
Liquidity | |||||
Quick ratio | 5.0 | 5.5 | |||
Current ratio | 5.0 | 5.5 | |||
Cash and cash equivalents | 21.39 | 27.43 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 79.2 | 69.7 | |||
Net working capital % | 33.6 % | 35.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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