CODAN Companies ApS — Credit Rating and Financial Key Figures

CODAN Companies ApS (CVR number: 49762828) is a company from KØGE. The company reported a net sales of 37.6 mDKK in 2023, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was poor at -8 % (EBIT: -3 mDKK), while net earnings were 122.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.2 %, 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 71.2 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.