COROMATIC A/S
Credit rating
Company information
About COROMATIC A/S
COROMATIC A/S (CVR number: 30243005) is a company from ROSKILDE. The company recorded a gross profit of 101 mDKK in 2023. The operating profit was 14.1 mDKK, while net earnings were 7795.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. COROMATIC A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 111 911.23 | 84 873.51 | 77 905.54 | 67 414.69 | 101 033.47 |
EBIT | 26 057.93 | - 290.21 | -8 770.04 | -14 261.83 | 14 110.49 |
Net earnings | 21 484.28 | 225.01 | -4 653.41 | -8 907.35 | 7 795.60 |
Shareholders equity total | 100 911.53 | 34 978.78 | 30 325.38 | 21 418.03 | 29 213.63 |
Balance sheet total (assets) | 163 940.83 | 133 372.74 | 95 392.17 | 103 262.86 | 187 958.44 |
Net debt | 102.59 | 38 440.83 | 24 068.65 | 30 535.31 | 29 733.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.7 % | 0.0 % | -7.7 % | -14.3 % | 9.8 % |
ROE | 23.8 % | 0.3 % | -14.3 % | -34.4 % | 30.8 % |
ROI | 30.5 % | 0.1 % | -13.7 % | -26.7 % | 24.4 % |
Economic value added (EVA) | 16 246.56 | -5 275.73 | -7 984.41 | -10 239.80 | 8 553.27 |
Solvency | |||||
Equity ratio | 63.2 % | 27.7 % | 32.6 % | 21.7 % | 17.2 % |
Gearing | 0.1 % | 109.9 % | 79.4 % | 142.6 % | 101.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.3 | 1.3 | 1.1 | 1.3 |
Current ratio | 2.5 | 1.3 | 1.4 | 1.2 | 1.2 |
Cash and cash equivalents | 22.31 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | BB | BB | BB |
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