Cocomms Oy Ltd

OYDissolved

Y-tunnus 0785264-4Lönnrotinkatu 11, 00120 HelsinkiBusiness and other management consultancy activities· NACE 70220Est. 1989 · 37 years old— employeeshttps://www.cocomms.com

Overview

Cocomms Oy Ltd is a Finnish OY based in Helsinki, operating in the Business and other management consultancy activities sector. Incorporated in 1989, the company reported revenue of €3.1m in its latest annual filing.

Revenue 2021

3.1M EUR

+24% vs 2020

EBITDA margin

13.8 %

+171% vs 2020

Net profit 2021

0.3M EUR

+145% vs 2020

Key ratios

See full ratios →

42.7 %

Weak

Among the 40% lowest rated companies in the industry

20182021

1.8×

Average

Around the average of companies in the same industry

20182021

28.4 %

Very strong

Among the 20% highest rated companies in the industry

20182021

EBITDA — year on year

EUR thousands

Key figures

Annual report 2021

Revenue	3.1M EUR	+24%
EBITDA	0.4M EUR	+171%
Net profit	0.3M EUR	+145%
Total assets	1.2M EUR	+24%
Equity	0.5M EUR	+11%
Employees	—	—

Contact

Address

Lönnrotinkatu 11, 00120 Helsinki

Phone

+35896689690

info@cocomms.com

Website

https://www.cocomms.com

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Financial development

In its most recent annual report (2021), Cocomms Oy Ltd reported revenue of €3.1m, an increase of 24% on the year before. The figures on this page draw on 4 annual filings covering 2018 to 2021. The bottom line showed a net profit of €336.9k, and the EBITDA margin stood at 13.8%.

At the end of 2021, equity financed 42.7% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Revenue

EUR thousands

EBITDA

EUR thousands

Income statement

EUR thousands

Item	2021	2020	2019	2018
Revenue	3,083	2,490	3,052	3,592
Staff expenses	-1,430	-1,391	-1,850	-1,934
EBITDA	425	157	-92	307
Depreciation & amort.	-3	-2	-4	-5
EBIT	422	154	-96	302
Net financials	-0	-2	-1	-2
Profit before tax	421	153	-97	300
Tax	84	15	-0	62
Net profit	337	138	-97	239

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Balance sheet

EUR thousands

Item	2021	2020	2019	2018
Total assets	1,187	957	904	1,022
Equity	507	456	318	596
Long-term debt	58	76	91	—
Short-term debt	623	425	494	426
Total debt	681	501	585	426

Financial ratios

5-year trend

EBITDA margin

13.8 %

20182021

Equity ratio

42.7 %

Weak

Among the 40% lowest rated companies in the industry

20182021

Return on equity

66.5 %

Very strong

Among the 20% highest rated companies in the industry

20182021

Net profit margin

10.9 %

Strong

Among the 40% highest rated companies in the industry

20182021

Asset turnover

2.60×

Strong

Among the 30% highest rated companies in the industry

20182021

Debt / equity

1.34×

Weak

Among the 30% lowest rated companies in the industry

20182021

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginStrong

Among the 40% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 40% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Quick ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 40% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 30% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalStrong

Among the 30% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via PRH / YTJ · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via PRH / YTJ · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via PRH / YTJ · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Y-tunnus number of Cocomms Oy Ltd?

Cocomms Oy Ltd is registered with PRH / YTJ under Y-tunnus 0785264-4.

What is the revenue of Cocomms Oy Ltd?

Cocomms Oy Ltd reported revenue of €3.1m in 2021.

Where is Cocomms Oy Ltd headquartered?

Cocomms Oy Ltd's registered address is Lönnrotinkatu 11.