COBE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COBE A/S
COBE A/S (CVR number: 30914678) is a company from KØBENHAVN. The company reported a net sales of 132.4 mDKK in 2023, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 8.7 mDKK), while net earnings were 6506.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 27.8 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 128 283.05 | 132 365.58 | |
Gross profit | 93 532.39 | 95 321.02 | |
EBIT | 6 931.40 | 8 701.33 | |
Net earnings | 5 076.17 | 6 506.50 | |
Shareholders equity total | 22 433.80 | 24 434.85 | |
Balance sheet total (assets) | 58 472.08 | 61 515.38 | |
Net debt | -19 134.56 | -22 812.10 | |
Profitability | |||
EBIT-% | 5.4 % | 6.6 % | |
ROA | 13.0 % | 16.8 % | |
ROE | 22.6 % | 27.8 % | |
ROI | 19.0 % | 24.0 % | |
Economic value added (EVA) | - 347.19 | 5 390.86 | 6 663.11 |
Solvency | |||
Equity ratio | 44.5 % | 45.0 % | |
Gearing | 0.1 % | 0.4 % | |
Relative net indebtedness % | -0.7 % | -3.8 % | |
Liquidity | |||
Quick ratio | 4.8 | 5.5 | |
Current ratio | 4.8 | 5.5 | |
Cash and cash equivalents | 19 155.04 | 22 915.44 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 78.2 | 70.3 | |
Net working capital % | 32.4 % | 35.1 % | |
Credit risk | |||
Credit rating | A | A |
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