Credit rating
Company information
About Cortex Park B11 ApS
Cortex Park B11 ApS (CVR number: 41971479) is a company from ODENSE. The company recorded a gross profit of 4286 kDKK in 2023. The operating profit was 33.4 mDKK, while net earnings were 20.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Cortex Park B11 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -8.00 | - 209.00 | 4 286.00 |
EBIT | 33 801.00 | - 209.00 | 33 435.00 |
Net earnings | 26 348.00 | -1 735.00 | 20 308.00 |
Shareholders equity total | 26 388.00 | 24 653.00 | 44 961.00 |
Balance sheet total (assets) | 60 564.00 | 169 750.00 | 231 077.00 |
Net debt | 99 513.00 | 142 632.00 | |
Profitability | |||
EBIT-% | |||
ROA | 55.8 % | 0.1 % | 16.9 % |
ROE | 99.8 % | -6.8 % | 58.3 % |
ROI | 99.9 % | 0.1 % | 20.2 % |
Economic value added (EVA) | 26 364.38 | -1 489.04 | 24 840.38 |
Solvency | |||
Equity ratio | 43.6 % | 14.5 % | 19.5 % |
Gearing | 403.7 % | 317.2 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.0 | 0.0 | |
Current ratio | 0.0 | 0.0 | |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BBB | A |
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