Coe ApS — Credit Rating and Financial Key Figures

CVR number: 21870137
Rypevej 49, 7480 Vildbjerg
tel: 24676523

Credit rating

Company information

Official name
Coe ApS
Established
1999
Company form
Private limited company
Industry

About Coe ApS

Coe ApS (CVR number: 21870137) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -26.9 kDKK, while net earnings were 2108 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44 %, which can be considered excellent and Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Coe ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-16.00-16.81-22.06-25.16-26.93
Net earnings401.00395.40638.15- 230.252 108.02
Shareholders equity total3 332.003 616.574 141.723 797.075 787.29
Balance sheet total (assets)3 346.003 616.574 226.233 797.075 787.29
Net debt-2 201.00-2 461.55-3 181.03-2 798.23-4 459.87
Profitability
EBIT-%
ROA13.2 %12.3 %18.7 %9.5 %44.0 %
ROE12.6 %11.4 %16.5 %-5.8 %44.0 %
ROI13.2 %12.3 %18.9 %9.6 %44.0 %
Economic value added (EVA)-2.00-1.86-6.65-15.34-28.50
Solvency
Equity ratio99.6 %100.0 %98.0 %100.0 %100.0 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio166.239.1
Current ratio166.239.1
Cash and cash equivalents2 202.002 461.553 181.032 798.234 459.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:44.0%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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