Covia Europe ApS — Credit Rating and Financial Key Figures

CVR number: 33395531
Ågade 103, Pjedsted 7000 Fredericia

Credit rating

Company information

Official name
Covia Europe ApS
Personnel
12 persons
Established
2011
Domicile
Pjedsted
Company form
Private limited company
Industry
  • Expand more icon08Other mining and quarrying

About Covia Europe ApS

Covia Europe ApS (CVR number: 33395531) is a company from FREDERICIA. The company recorded a gross profit of 40.9 mDKK in 2024. The operating profit was 29.8 mDKK, while net earnings were 24.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.3 %, which can be considered excellent and Return on Equity (ROE) was 46.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Covia Europe ApS's liquidity measured by quick ratio was 6.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit24 651.608 913.017 019.7523 936.9840 937.02
EBIT15 606.27650.67123.2715 480.9229 768.30
Net earnings8 657.811 926.842 071.6412 885.6024 640.56
Shareholders equity total58 766.3639 491.6041 563.2554 448.8550 754.02
Balance sheet total (assets)62 046.6941 908.9045 581.7258 653.2254 467.46
Net debt-38 419.33-22 607.04-21 971.67-16 862.97-12 884.46
Profitability
EBIT-%
ROA25.0 %5.0 %6.4 %32.3 %56.3 %
ROE15.9 %3.9 %5.1 %26.8 %46.8 %
ROI29.3 %5.3 %6.9 %35.0 %60.5 %
Economic value added (EVA)10 978.80- 515.24- 752.3311 080.9121 290.82
Solvency
Equity ratio94.7 %94.2 %91.2 %92.8 %93.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio14.810.46.98.06.6
Current ratio16.714.69.812.612.5
Cash and cash equivalents38 419.3322 607.0421 971.6716 862.9712 884.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:56.3%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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