Coreline A/S — Credit Rating and Financial Key Figures

CVR number: 37364460
Vognmagervej 19 A, Snoghøj 7000 Fredericia

Credit rating

Company information

Official name
Coreline A/S
Personnel
22 persons
Established
2016
Domicile
Snoghøj
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Coreline A/S

Coreline A/S (CVR number: 37364460) is a company from FREDERICIA. The company recorded a gross profit of 12.7 mDKK in 2023. The operating profit was 3704.8 kDKK, while net earnings were 2471.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Coreline A/S's liquidity measured by quick ratio was 0.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit20 464.8016 705.077 974.868 755.7312 682.91
EBIT12 821.548 300.16758.231 328.553 704.83
Net earnings9 602.796 247.50423.61778.292 471.84
Shareholders equity total10 491.0612 738.569 162.179 940.4611 812.31
Balance sheet total (assets)31 018.7619 641.3323 218.6925 468.4225 559.39
Net debt16 471.211 686.637 144.6611 170.209 120.78
Profitability
EBIT-%
ROA60.8 %32.8 %3.5 %5.5 %14.5 %
ROE162.6 %53.8 %3.9 %8.1 %22.7 %
ROI71.5 %39.3 %4.7 %7.0 %17.6 %
Economic value added (EVA)9 925.775 937.97-66.55553.492 363.63
Solvency
Equity ratio41.2 %65.2 %39.5 %39.2 %46.7 %
Gearing157.1 %13.4 %78.0 %113.0 %77.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.40.30.4
Current ratio1.73.21.71.71.9
Cash and cash equivalents9.4815.195.6466.6176.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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