MERETE CORDES EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 10046610
Solsortvej 49, 2000 Frederiksberg
mail@gittecordes.dk
tel: 31588808

Credit rating

Company information

Official name
MERETE CORDES EJENDOMME ApS
Established
2000
Company form
Private limited company
Industry
  • Expand more icon649990

About MERETE CORDES EJENDOMME ApS

MERETE CORDES EJENDOMME ApS (CVR number: 10046610) is a company from FREDERIKSBERG. The company recorded a gross profit of 5985.2 kDKK in 2024. The operating profit was 5985.2 kDKK, while net earnings were 3932.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.6 %, which can be considered excellent and Return on Equity (ROE) was 59.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. MERETE CORDES EJENDOMME ApS's liquidity measured by quick ratio was 11.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales231.74297.44795.80
Gross profit231.74297.44247.66251.655 985.24
EBIT231.74297.44247.66251.655 985.24
Net earnings157.36317.43424.9520.813 932.50
Shareholders equity total4 889.894 907.325 032.274 753.088 385.59
Balance sheet total (assets)12 538.4112 516.0312 487.3912 058.9013 632.57
Net debt5 454.755 384.865 254.635 459.373 264.69
Profitability
EBIT-%100.0 %100.0 %31.1 %
ROA2.2 %3.8 %5.4 %2.3 %46.6 %
ROE3.2 %6.5 %8.6 %0.4 %59.9 %
ROI2.2 %3.9 %5.5 %2.4 %47.1 %
Economic value added (EVA)- 288.24- 229.62- 264.97- 266.063 626.25
Solvency
Equity ratio39.0 %39.2 %40.3 %39.4 %61.5 %
Gearing121.1 %118.8 %112.7 %118.8 %41.6 %
Relative net indebtedness %2492.5 %1936.1 %707.9 %
Liquidity
Quick ratio0.30.30.20.211.6
Current ratio0.30.30.20.211.6
Cash and cash equivalents467.44445.07416.42188.82227.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-608.3 %-526.1 %-224.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:46.6%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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