CORIT Holdings ApS — Credit Rating and Financial Key Figures

CVR number: 42056251
Lyngby Hovedgade 60, 2800 Kongens Lyngby
jb@corit.dk
tel: 40422284

Company information

Official name
CORIT Holdings ApS
Established
2021
Company form
Private limited company
Industry

About CORIT Holdings ApS

CORIT Holdings ApS (CVR number: 42056251) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -6.6 kDKK, while net earnings were 1682.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORIT Holdings ApS's liquidity measured by quick ratio was 10.1 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
2021
2022
2023
Volume
Net sales
Gross profit-5.00-5.02-6.62
EBIT-5.00-5.02-6.62
Net earnings2 443.6642.081 682.59
Shareholders equity total3 848.393 776.075 340.85
Balance sheet total (assets)3 870.484 920.615 760.77
Net debt-1 139.76-2 331.86-3 573.92
Profitability
EBIT-%
ROA63.6 %1.9 %32.4 %
ROE63.5 %1.1 %36.9 %
ROI63.9 %2.0 %34.1 %
Economic value added (EVA)-3.90-69.2932.12
Solvency
Equity ratio99.4 %76.7 %92.7 %
Gearing20.7 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio111.63.110.1
Current ratio111.63.110.1
Cash and cash equivalents1 139.763 112.933 801.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:32.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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