CORDSEN BUILDINGS ApS — Credit Rating and Financial Key Figures

CVR number: 33643985
Storegade 36, 6310 Broager

Credit rating

Company information

Official name
CORDSEN BUILDINGS ApS
Established
2011
Company form
Private limited company
Industry

About CORDSEN BUILDINGS ApS

CORDSEN BUILDINGS ApS (CVR number: 33643985) is a company from SØNDERBORG. The company recorded a gross profit of 530.5 kDKK in 2024. The operating profit was 450.6 kDKK, while net earnings were 312.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CORDSEN BUILDINGS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit474.00384.00568.00475.00530.52
EBIT395.00305.00489.00395.00450.63
Net earnings242.00189.00335.00269.00312.35
Shareholders equity total731.00920.001 255.001 124.001 436.53
Balance sheet total (assets)4 871.004 631.004 802.004 959.005 074.34
Net debt3 195.003 160.002 803.002 663.002 277.51
Profitability
EBIT-%
ROA7.3 %6.4 %10.4 %8.4 %9.4 %
ROE39.7 %22.9 %30.8 %22.6 %24.4 %
ROI9.4 %7.1 %11.0 %9.3 %10.7 %
Economic value added (EVA)98.9822.98163.0179.50135.35
Solvency
Equity ratio15.0 %19.9 %26.2 %22.7 %28.3 %
Gearing460.7 %347.6 %241.2 %254.1 %186.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.70.40.5
Current ratio0.30.10.70.40.5
Cash and cash equivalents173.0038.00224.00193.00406.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:9.36%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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