CODAN Companies ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CODAN Companies ApS
CODAN Companies ApS (CVR number: 49762828) is a company from KØGE. The company reported a net sales of 77.8 mDKK in 2024, demonstrating a growth of 107 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 7.6 mDKK), while net earnings were 96 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CODAN Companies ApS's liquidity measured by quick ratio was 30.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 37 599.56 | 77 841.03 | |
Gross profit | 19 857.67 | 31 906.05 | |
EBIT | -3 013.32 | 7 578.10 | |
Net earnings | 122 286.48 | 95 982.79 | |
Shareholders equity total | 1 212 588.67 | 1 158 571.46 | |
Balance sheet total (assets) | 1 222 163.85 | 1 179 616.04 | |
Net debt | - 614 171.79 | - 479 386.56 | |
Profitability | |||
EBIT-% | -8.0 % | 9.7 % | |
ROA | 10.9 % | 9.1 % | |
ROE | 10.1 % | 8.1 % | |
ROI | 11.0 % | 9.2 % | |
Economic value added (EVA) | -47 809.38 | -2 674.95 | -54 991.47 |
Solvency | |||
Equity ratio | 99.2 % | 98.2 % | |
Gearing | 0.3 % | 0.4 % | |
Relative net indebtedness % | -1617.6 % | -595.4 % | |
Liquidity | |||
Quick ratio | 71.2 | 30.5 | |
Current ratio | 71.2 | 30.5 | |
Cash and cash equivalents | 617 792.46 | 484 493.57 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 0.0 | ||
Net working capital % | 644.6 % | 473.0 % | |
Credit risk | |||
Credit rating | AA | AAA |
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