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

COFACE NORDEN SERVICES A/S (CVR number: 25796527) is a company from VEJLE. The company recorded a gross profit of 1484.7 kDKK in 2023. The operating profit was 528.3 kDKK, while net earnings were 376.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. COFACE NORDEN SERVICES A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.