CODAN Companies ApS — Credit Rating and Financial Key Figures

CODAN Companies ApS (CVR number: 49762828K) is a company from KØGE. The company reported a net sales of 1472.4 mDKK in 2024, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 81.2 mDKK), while net earnings were 106.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CODAN Companies ApS's liquidity measured by quick ratio was 4.2 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.