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MERETE CORDES EJENDOMME ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
MERETE CORDES EJENDOMME ApS
Established
2000
Company form
Private limited company
Industry

About MERETE CORDES EJENDOMME ApS

MERETE CORDES EJENDOMME ApS (CVR number: 10046610) is a company from FREDERIKSBERG. The company recorded a gross profit of 199.7 kDKK in 2025. The operating profit was -1026.4 kDKK, while net earnings were -279.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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 18.9 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
2024
2025
Volume
Net sales297.44795.80
Gross profit297.44247.66251.655 985.24199.71
EBIT297.44247.66251.655 985.24-1 026.44
Net earnings317.43424.9520.813 932.50- 279.13
Shareholders equity total4 907.325 032.274 753.088 379.745 430.61
Balance sheet total (assets)12 516.0312 487.3912 058.9013 632.576 844.96
Net debt5 384.865 254.635 459.373 270.53- 235.42
Profitability
EBIT-%100.0 %31.1 %
ROA3.8 %5.4 %2.3 %46.6 %-9.7 %
ROE6.5 %8.6 %0.4 %59.9 %-4.0 %
ROI3.9 %5.5 %2.4 %47.1 %-9.8 %
Economic value added (EVA)- 385.76- 417.79- 429.773 483.89-1 395.85
Solvency
Equity ratio39.2 %40.3 %39.4 %61.5 %79.3 %
Gearing118.8 %112.7 %118.8 %41.7 %12.6 %
Relative net indebtedness %1936.1 %707.9 %
Liquidity
Quick ratio0.30.20.211.318.9
Current ratio0.30.20.211.318.9
Cash and cash equivalents445.07416.42188.82227.68917.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-526.1 %-224.4 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:-9.71%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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