Coverks Sa
SADissolvedOrg 916080913Nesgata 7B, 4480 KvinesdalBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2015 · 10 years old0 employees
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Riskpilot← Back to searchSign inGet full accessCoverks Sa is a Norwegian SA based in Kvinesdal, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2015, the company has 0 employees and reported revenue of NOK 969.0k in its latest annual filing.
| Revenue | 969K NOK | +103% |
| EBITDA | 239K NOK | +245% |
| Net profit | 232.5K NOK | +219% |
| Total assets | 220.3K NOK | +39% |
| Equity | 85.1K NOK | +151% |
| Employees | 0 | — |
In its most recent annual report (2021), Coverks Sa reported revenue of NOK 969.0k, an increase of 103% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2021. The bottom line showed a net profit of NOK 232.5k, and the EBITDA margin stood at 24.7%.
At the end of 2021, equity financed 38.6% of the balance sheet, and current assets covered short-term debt 1.1 times.
| Item | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 969 | 478 | 433 | 408 | 391 |
| Staff expenses | -25 | -16 | -27 | -14 | -11 |
| EBITDA | 239 | -165 | -67 | 18 | 43 |
| Depreciation & amort. | -0 | -30 | -30 | -38 | -38 |
| EBIT | 239 | -196 | -97 | -20 | 5 |
| Net financials | -6 | 0 | -0 | -0 | -2 |
| Profit before tax | 233 | -195 | -97 | -20 | 3 |
| Tax | -0 | -0 | -4 | -5 | 1 |
| Net profit | 233 | -195 | -94 | -16 | 2 |
| Item | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 220 | 158 | 238 | 334 | 221 |
| Equity | 85 | -166 | 30 | 48 | 63 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 135 | 324 | 209 | 287 | 157 |
| Total debt | 135 | 324 | 209 | 287 | 158 |
28 financial ratios from the latest filing, each graded against companies in the same 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 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 flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's debt.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
SA Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
SA Board of Directors | Board of Directors | 2020 |
SS Board of Directors | Board of Directors | 2020 |
FA Chairman | Chairman | 2020 |
FJ Board of Directors | Board of Directors | 2020 – 2024 |
SR Board of Directors | Board of Directors | 2020 – 2024 |
FA Board of Directors | Board of Directors | 2020 – 2024 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Svein Skårdal | Board of Directors | 6 companiesMany roles |
| Frode Aagedal | Chairman | 6 companiesMany roles |
| Scott Arnold Basgaard | Chief Executive Officer | 5 companies |
| Frode Jerdal | Board of Directors | 5 companies |
| Frode Alberti Skaren | Board of Directors | 5 companies |