CODAN Companies ApS — Credit Rating and Financial Key Figures

CVR number: 49762828
Lykkebækvej 22, 4600 Køge

Credit rating

Company information

Official name
CODAN Companies ApS
Personnel
13 persons
Established
1974
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2023
2024
Volume
Net sales37 599.5677 841.03
Gross profit19 857.6731 906.05
EBIT-3 013.327 578.10
Net earnings122 286.4895 982.79
Shareholders equity total1 212 588.671 158 571.46
Balance sheet total (assets)1 222 163.851 179 616.04
Net debt- 614 171.79- 479 386.56
Profitability
EBIT-%-8.0 %9.7 %
ROA10.9 %9.1 %
ROE10.1 %8.1 %
ROI11.0 %9.2 %
Economic value added (EVA)-47 809.38-2 674.95-54 991.47
Solvency
Equity ratio99.2 %98.2 %
Gearing0.3 %0.4 %
Relative net indebtedness %-1617.6 %-595.4 %
Liquidity
Quick ratio71.230.5
Current ratio71.230.5
Cash and cash equivalents617 792.46484 493.57
Capital use efficiency
Trade debtors turnover (days)0.0
Net working capital %644.6 %473.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.11%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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