Credit rating
Company information
About COSMEC A/S
COSMEC A/S (CVR number: 27462197) is a company from HOLSTEBRO. The company recorded a gross profit of 3.3 kDKK in 2019. The operating profit was -15.5 kDKK, while net earnings were 45.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COSMEC A/S's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 99.62 | 88.76 | 39.62 | 3.30 |
EBIT | -25.30 | 7.93 | 19.90 | -15.48 |
Net earnings | 55.42 | 38.98 | 81.39 | 45.68 |
Shareholders equity total | 2 300.75 | 2 339.73 | 2 421.12 | 2 466.80 |
Balance sheet total (assets) | 3 505.36 | 3 482.30 | 3 215.35 | 3 240.81 |
Net debt | 831.77 | 700.39 | 572.34 | 666.11 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.8 % | 2.7 % | 3.8 % | 2.4 % |
ROE | 2.4 % | 1.7 % | 3.4 % | 1.9 % |
ROI | 3.0 % | 3.0 % | 4.0 % | 2.5 % |
Economic value added (EVA) | -19.74 | - 105.61 | -91.39 | - 129.39 |
Solvency | ||||
Equity ratio | 65.6 % | 67.2 % | 75.3 % | 76.1 % |
Gearing | 39.5 % | 39.0 % | 27.2 % | 27.5 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.8 | 3.0 | 4.0 | 4.2 |
Current ratio | 2.9 | 3.0 | 4.0 | 4.2 |
Cash and cash equivalents | 77.16 | 212.77 | 86.35 | 11.84 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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