Cobiro ApS — Credit Rating and Financial Key Figures

Cobiro ApS (CVR number: 37518336K) is a company from KØBENHAVN. The company reported a net sales of 33.1 mDKK in 2020, demonstrating a growth of 29.2 % compared to the previous year. The operating profit percentage was poor at -56 % (EBIT: -18.5 mDKK), while net earnings were -14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.5 %, which can be considered poor and Return on Equity (ROE) was -50.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. Cobiro ApS's liquidity measured by quick ratio was 2.8 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.