Coworkit A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Coworkit A/S
Coworkit A/S (CVR number: 35666648) is a company from GLADSAXE. The company recorded a gross profit of 1245.9 kDKK in 2022. The operating profit was -51.2 kDKK, while net earnings were -67.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Coworkit A/S's liquidity measured by quick ratio was 1.9 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 675.27 | 811.39 | 1 109.93 | 791.31 | 1 245.91 |
EBIT | 237.71 | 149.45 | 383.61 | 65.91 | -51.23 |
Net earnings | 218.09 | 187.54 | 384.36 | 55.80 | -67.75 |
Shareholders equity total | -1 118.58 | 84.49 | 468.85 | 524.65 | 456.90 |
Balance sheet total (assets) | 274.53 | 554.15 | 1 949.05 | 1 093.45 | 883.56 |
Net debt | -2.64 | - 204.79 | - 177.32 | - 286.11 | - 466.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.9 % | 19.6 % | 30.9 % | 4.3 % | -5.2 % |
ROE | 72.2 % | 104.5 % | 138.9 % | 11.2 % | -13.8 % |
ROI | 450.8 % | 139.7 % | 11.3 % | -8.3 % | |
Economic value added (EVA) | 305.59 | 205.79 | 395.29 | 55.02 | -53.68 |
Solvency | |||||
Equity ratio | -80.3 % | 15.2 % | 24.1 % | 48.0 % | 51.7 % |
Gearing | 33.1 % | 16.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.9 | 1.2 | 2.0 | 1.9 |
Current ratio | 0.2 | 0.9 | 1.2 | 2.0 | 1.9 |
Cash and cash equivalents | 2.64 | 204.79 | 177.32 | 459.81 | 542.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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