Cotecna Inspection Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cotecna Inspection Denmark A/S
Cotecna Inspection Denmark A/S (CVR number: 25399935) is a company from AARHUS. The company recorded a gross profit of 8741 kDKK in 2023. The operating profit was -909.4 kDKK, while net earnings were -3085.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.1 %, which can be considered poor and Return on Equity (ROE) was -111.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. Cotecna Inspection Denmark A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 455.29 | 8 456.92 | 9 337.17 | 7 600.63 | 8 741.02 |
EBIT | -1 224.60 | 1 173.45 | - 126.59 | -1 353.98 | - 909.35 |
Net earnings | -2 515.63 | 2 395.57 | 3 783.82 | -48.77 | -3 085.37 |
Shareholders equity total | 4 959.93 | 7 314.40 | 4 355.65 | 4 296.24 | 1 248.20 |
Balance sheet total (assets) | 8 463.19 | 10 123.01 | 15 681.89 | 7 526.70 | 4 956.11 |
Net debt | 2 007.04 | - 187.31 | 5 897.50 | 1 042.03 | 1 471.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -30.7 % | 29.0 % | 29.2 % | -2.3 % | -43.1 % |
ROE | -40.5 % | 39.0 % | 64.8 % | -1.1 % | -111.3 % |
ROI | -36.0 % | 35.7 % | 36.7 % | -2.8 % | -53.1 % |
Economic value added (EVA) | - 921.36 | 957.81 | - 109.80 | - 468.07 | -1 128.69 |
Solvency | |||||
Equity ratio | 58.6 % | 72.3 % | 27.8 % | 57.1 % | 25.2 % |
Gearing | 42.7 % | 0.0 % | 190.8 % | 52.4 % | 186.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.4 | 0.9 | 0.6 |
Current ratio | 0.5 | 0.9 | 0.4 | 0.9 | 0.6 |
Cash and cash equivalents | 109.84 | 188.00 | 2 412.91 | 1 208.37 | 856.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
Variable visualization
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