CORTWELL HOLDING ApS

CVR number: 24223841
Gattensmindevej 4, 9670 Løgstør
tel: 70101056

Credit rating

Company information

Official name
CORTWELL HOLDING ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

CORTWELL HOLDING ApS (CVR number: 24223841) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 313 kDKK in 2023. The operating profit was 277 kDKK, while net earnings were 259.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTWELL HOLDING ApS's liquidity measured by quick ratio was 27.9 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
20192020202120222023
Volume
Net sales
Gross profit268.98300.72235.3749.32312.99
EBIT237.89297.93214.9933.42277.03
Net earnings238.80233.72237.08-22.70259.68
Shareholders equity total3 469.353 503.073 514.153 377.053 627.80
Balance sheet total (assets)3 841.413 945.113 820.013 628.313 935.07
Net debt- 669.99-1 363.22-1 206.79- 955.02-1 222.64
Profitability
EBIT-%
ROA7.8 %8.7 %8.0 %2.0 %8.8 %
ROE7.0 %6.7 %6.8 %-0.7 %7.4 %
ROI8.0 %9.1 %8.4 %2.1 %9.0 %
Economic value added (EVA)38.8774.6159.88-92.2294.29
Solvency
Equity ratio90.3 %88.8 %92.0 %93.1 %92.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.97.316.321.727.9
Current ratio4.97.316.321.727.9
Cash and cash equivalents669.991 363.221 206.79955.021 222.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.81%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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