Cordsen NG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cordsen NG ApS
Cordsen NG ApS (CVR number: 41613823) is a company from HADERSLEV. The company recorded a gross profit of -106.7 kDKK in 2024. The operating profit was -459.4 kDKK, while net earnings were 32.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -88.97 | 84.33 | - 106.71 | |
EBIT | - 496.25 | - 268.35 | - 459.39 | |
Net earnings | 76 342.43 | 27 800.83 | 32 495.12 | |
Shareholders equity total | 76 387.43 | 121 386.71 | 145 762.47 | |
Balance sheet total (assets) | 96 635.53 | 172 902.24 | 186 721.95 | |
Net debt | -48 352.80 | 6 032.08 | 12 516.03 | |
Profitability | ||||
EBIT-% | ||||
ROA | 81.1 % | 16.9 % | 18.9 % | |
ROE | 99.9 % | 22.9 % | 24.3 % | |
ROI | 102.5 % | 17.9 % | 19.5 % | |
Economic value added (EVA) | - 496.25 | -3 838.47 | - 268.35 | -8 694.70 |
Solvency | ||||
Equity ratio | 79.0 % | 70.2 % | 78.1 % | |
Gearing | 35.0 % | 26.6 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 0.9 | 0.8 | |
Current ratio | 2.4 | 0.9 | 0.8 | |
Cash and cash equivalents | 48 352.80 | 36 443.65 | 26 312.22 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | A |
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