Cordsen NG ApS — Credit Rating and Financial Key Figures

CVR number: 41613823
Grødebølvej 11, 6100 Haderslev

Company information

Official name
Cordsen NG ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-88.97157 358.09159 285.17
EBIT- 496.00- 466.0048 008.9837 618.52
Net earnings78 923.0013 555.0041 534.7742 464.16
Shareholders equity total78 968.00112 016.00154 863.27186 386.02
Balance sheet total (assets)99 217.00253 114.00293 772.66308 234.22
Net debt-48 352.805 053.6322 926.71
Profitability
EBIT-%
ROA81.5 %-0.3 %20.0 %17.5 %
ROE99.9 %14.2 %35.6 %31.8 %
ROI102.5 %-0.3 %23.9 %23.4 %
Economic value added (EVA)- 496.00-4 434.1631 147.1819 274.09
Solvency
Equity ratio79.6 %100.0 %53.9 %61.0 %
Gearing28.4 %27.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.11.0
Current ratio2.41.51.5
Cash and cash equivalents48 352.8038 935.4629 107.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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