COBO IX Friggsvej ApS — Credit Rating and Financial Key Figures

CVR number: 73531411
Axeltorv 2 N, 1609 København V

Company information

Official name
COBO IX Friggsvej ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About COBO IX Friggsvej ApS

COBO IX Friggsvej ApS (CVR number: 73531411) is a company from KØBENHAVN. The company reported a net sales of 5.5 mDKK in 2024, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 52.9 % (EBIT: 2.9 mDKK), while net earnings were 1404 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 13.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. COBO IX Friggsvej ApS's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8 274.005 535.005 557.005 503.005 450.00
Gross profit9 765.002 383.002 532.002 233.001 517.00
EBIT9 713.002 326.00-13 724.00-19 704.002 881.00
Net earnings7 115.001 042.00-11 534.00-16 164.001 404.00
Shareholders equity total18 539.0024 081.0025 047.008 883.0010 287.00
Balance sheet total (assets)98 659.00100 270.00100 376.0073 855.0075 761.00
Net debt59 953.0055 647.0058 704.0053 438.0053 099.00
Profitability
EBIT-%117.4 %42.0 %-247.0 %-358.1 %52.9 %
ROA10.6 %2.3 %-13.6 %-22.6 %3.9 %
ROE38.4 %4.9 %-47.0 %-95.3 %14.6 %
ROI10.7 %2.4 %-13.8 %-22.7 %3.9 %
Economic value added (EVA)7 547.01-1 769.61-14 540.58-19 249.33- 817.37
Solvency
Equity ratio18.8 %24.0 %25.0 %12.0 %13.6 %
Gearing323.4 %231.1 %234.4 %601.6 %520.4 %
Relative net indebtedness %770.8 %1076.9 %1119.4 %1023.9 %1026.4 %
Liquidity
Quick ratio0.71.50.90.20.4
Current ratio0.71.40.90.20.4
Cash and cash equivalents437.00
Capital use efficiency
Trade debtors turnover (days)4.82.72.412.59.9
Net working capital %-30.2 %37.5 %-10.2 %-25.0 %-19.9 %
Credit risk
Credit ratingAAAABBBBBBAA

Variable visualization

ROA:3.85%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.6%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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