Cordsen NG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cordsen NG ApS
Cordsen NG ApS (CVR number: 41613823K) is a company from HADERSLEV. The company recorded a gross profit of 159.3 mDKK in 2024. The operating profit was 37.6 mDKK, while net earnings were 42.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. Cordsen NG ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -88.97 | 157 358.09 | 159 285.17 | |
EBIT | - 496.00 | - 466.00 | 48 008.98 | 37 618.52 |
Net earnings | 78 923.00 | 13 555.00 | 41 534.77 | 42 464.16 |
Shareholders equity total | 78 968.00 | 112 016.00 | 154 863.27 | 186 386.02 |
Balance sheet total (assets) | 99 217.00 | 253 114.00 | 293 772.66 | 308 234.22 |
Net debt | -48 352.80 | 5 053.63 | 22 926.71 | |
Profitability | ||||
EBIT-% | ||||
ROA | 81.5 % | -0.3 % | 20.0 % | 17.5 % |
ROE | 99.9 % | 14.2 % | 35.6 % | 31.8 % |
ROI | 102.5 % | -0.3 % | 23.9 % | 23.4 % |
Economic value added (EVA) | - 496.00 | -4 434.16 | 31 147.18 | 19 274.09 |
Solvency | ||||
Equity ratio | 79.6 % | 100.0 % | 53.9 % | 61.0 % |
Gearing | 28.4 % | 27.9 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 1.1 | 1.0 | |
Current ratio | 2.4 | 1.5 | 1.5 | |
Cash and cash equivalents | 48 352.80 | 38 935.46 | 29 107.76 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | A | AA |
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