COWIFONDEN — Credit Rating and Financial Key Figures

CVR number: 50497828
Parallelvej 2, 2800 Kgs.Lyngby

Company information

Official name
COWIFONDEN
Personnel
11 persons
Established
1973
Industry

About COWIFONDEN

COWIFONDEN (CVR number: 50497828) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -2081 kDKK in 2024. The operating profit was 110.4 mDKK, while net earnings were 102.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.3 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.3 %, 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 11.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1 383.13-2 081.04
EBIT105 602.46110 387.38
Net earnings93 679.0070 647.00-2 192.0097 768.24102 052.15
Shareholders equity total365 977.00424 993.00404 064.00484 512.50565 556.37
Balance sheet total (assets)526 514.68612 665.69
Net debt- 438 477.47- 515 988.93
Profitability
EBIT-%
ROA42.3 %42.3 %
ROE28.9 %8.9 %-0.3 %11.0 %19.4 %
ROI45.9 %45.9 %
Economic value added (EVA)-14 192.21-18 390.34-21 355.9077 782.7378 285.81
Solvency
Equity ratio100.0 %100.0 %100.0 %92.0 %92.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.511.2
Current ratio10.511.2
Cash and cash equivalents438 477.47515 988.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:42.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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