COBE A/S — Credit Rating and Financial Key Figures

CVR number: 30914678
Orientkaj 4, 2150 Nordhavn
cobe@cobe.dk
tel: 32544300
www.cobe.dk

Company information

Official name
COBE A/S
Personnel
162 persons
Established
2007
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales128 283.05132 365.58
Gross profit93 532.3995 321.02
EBIT6 931.408 701.33
Net earnings5 076.176 506.50
Shareholders equity total22 433.8024 434.85
Balance sheet total (assets)58 472.0861 515.38
Net debt-19 134.56-22 812.10
Profitability
EBIT-%5.4 %6.6 %
ROA13.0 %16.8 %
ROE22.6 %27.8 %
ROI19.0 %24.0 %
Economic value added (EVA)- 347.195 390.866 663.11
Solvency
Equity ratio44.5 %45.0 %
Gearing0.1 %0.4 %
Relative net indebtedness %-0.7 %-3.8 %
Liquidity
Quick ratio4.85.5
Current ratio4.85.5
Cash and cash equivalents19 155.0422 915.44
Capital use efficiency
Trade debtors turnover (days)78.270.3
Net working capital %32.4 %35.1 %
Credit risk
Credit ratingAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

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