Cover A/S — Credit Rating and Financial Key Figures

CVR number: 44509636
Birkemosevej 17, 3400 Hillerød
Free credit report Annual report

Company information

Official name
Cover A/S
Personnel
1 person
Established
2023
Company form
Limited company
Industry

About Cover A/S

Cover A/S (CVR number: 44509636) is a company from HILLERØD. The company recorded a gross profit of -301.1 kDKK in 2024. The operating profit was -389.8 kDKK, while net earnings were -314.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -330 %, which can be considered poor and Return on Equity (ROE) was -365.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. Cover A/S's liquidity measured by quick ratio was 3.7 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
2024
Volume
Net sales
Gross profit- 301.10
EBIT- 389.77
Net earnings- 314.11
Shareholders equity total85.89
Balance sheet total (assets)118.11
Net debt-24.43
Profitability
EBIT-%
ROA-330.0 %
ROE-365.7 %
ROI-453.8 %
Economic value added (EVA)- 314.10
Solvency
Equity ratio72.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.7
Current ratio3.7
Cash and cash equivalents24.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-330.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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