COFACE NORDEN SERVICES A/S — Credit Rating and Financial Key Figures

CVR number: 25796527
Jens Ravns Vej 11 C, 7100 Vejle
kundeservice-denmark@coface.com
tel: 76419261
http://www.coface.dk/
Free credit report Annual report

Credit rating

Company information

Official name
COFACE NORDEN SERVICES A/S
Personnel
11 persons
Established
2000
Company form
Limited company
Industry

About COFACE NORDEN SERVICES A/S

COFACE NORDEN SERVICES A/S (CVR number: 25796527) is a company from VEJLE. The company recorded a gross profit of 1741.8 kDKK in 2024. The operating profit was 713.2 kDKK, while net earnings were 619.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. COFACE NORDEN SERVICES A/S's liquidity measured by quick ratio was 2.4 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 profit12 316.001 382.001 433.001 485.001 741.76
EBIT7 260.00528.00519.00528.00713.23
Net earnings5 443.00423.00388.00376.00619.55
Shareholders equity total7 807.00819.001 106.001 125.001 394.18
Balance sheet total (assets)15 206.002 235.002 573.003 577.002 385.74
Net debt-5 610.00- 968.00- 926.00-1 761.00-1 441.24
Profitability
EBIT-%
ROA39.6 %6.3 %24.1 %18.0 %26.1 %
ROE65.2 %9.8 %40.3 %33.7 %49.2 %
ROI58.7 %11.1 %48.8 %38.6 %51.0 %
Economic value added (EVA)4 851.41-33.45354.39323.46522.38
Solvency
Equity ratio51.3 %36.6 %42.7 %31.5 %58.4 %
Gearing11.4 %23.0 %22.2 %32.6 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.61.52.4
Current ratio1.71.41.61.52.4
Cash and cash equivalents6 503.001 156.001 171.002 128.001 587.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:26.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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