CORTEX FACADERENS ApS — Credit Rating and Financial Key Figures

CVR number: 19373096
Hammerholmen 22, 2650 Hvidovre
tel: 36772181

Company information

Official name
CORTEX FACADERENS ApS
Personnel
51 persons
Established
1996
Company form
Private limited company
Industry

About CORTEX FACADERENS ApS

CORTEX FACADERENS ApS (CVR number: 19373096) is a company from HVIDOVRE. The company recorded a gross profit of 31.7 mDKK in 2023. The operating profit was 5769.4 kDKK, while net earnings were 4504.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. CORTEX FACADERENS ApS's liquidity measured by quick ratio was 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 472.0025 714.0031 085.0033 854.4631 661.92
EBIT4 979.007 497.0011 178.009 685.245 769.41
Net earnings3 820.005 736.008 605.007 505.724 504.10
Shareholders equity total6 596.006 032.0015 659.0018 864.8416 668.94
Balance sheet total (assets)14 747.0015 287.0023 025.0025 381.8724 298.20
Net debt-2 888.00-8 298.00-12 967.00-14 180.47-10 790.27
Profitability
EBIT-%
ROA40.7 %50.3 %58.4 %40.1 %24.0 %
ROE72.3 %90.8 %79.3 %43.5 %25.4 %
ROI76.8 %117.1 %102.6 %56.2 %33.0 %
Economic value added (EVA)3 666.825 634.308 808.297 400.774 263.78
Solvency
Equity ratio44.7 %39.5 %68.0 %74.3 %68.6 %
Gearing2.3 %1.8 %0.0 %0.0 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.52.83.53.1
Current ratio1.71.62.93.73.3
Cash and cash equivalents3 040.008 407.0012 970.0014 185.3210 840.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:24.0%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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