COWIFONDEN

CVR number: 50497828
Parallelvej 2, 2800 Kgs.Lyngby

Credit rating

Company information

Official name
COWIFONDEN
Personnel
10 persons
Established
1973
Industry
  • Expand more icon88Social work activities without accommodation

About COWIFONDEN

COWIFONDEN (CVR number: 50497828) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -1383.1 kDKK in 2023. The operating profit was 105.6 mDKK, while net earnings were 97.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COWIFONDEN's liquidity measured by quick ratio was 10.5 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
20192020202120222023
Volume
Net sales
Gross profit-1 146.32-1 383.13
EBIT2 501.77105 602.46
Net earnings92 375.0093 679.0070 647.00-2 192.2997 768.24
Shareholders equity total282 432.00365 977.00424 993.00404 063.79484 512.50
Balance sheet total (assets)317 514.00398 417.00459 000.00444 379.62526 514.68
Net debt- 355 047.92- 438 477.47
Profitability
EBIT-%
ROA17.5 %45.9 %
ROE38.0 %28.9 %17.9 %-0.5 %22.0 %
ROI18.3 %50.1 %
Economic value added (EVA)-10 206.63-14 192.21-18 390.34-18 839.38101 071.18
Solvency
Equity ratio100.0 %100.0 %100.0 %90.9 %92.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.910.5
Current ratio8.910.5
Cash and cash equivalents355 047.92438 477.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:45.9%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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