CORTLAND ApS — Credit Rating and Financial Key Figures

CVR number: 17818945
Toftebjerg Alle 6, 9670 Løgstør
tl@logstorparkhotel.dk

Company information

Official name
CORTLAND ApS
Established
1994
Company form
Private limited company
Industry

About CORTLAND ApS

CORTLAND ApS (CVR number: 17818945) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 160.8 kDKK in 2024. The operating profit was 266.8 kDKK, while net earnings were 2139.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTLAND ApS's liquidity measured by quick ratio was 0.7 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 profit86.3728.5770.1058.15160.79
EBIT86.3728.57-83.90-93.85266.79
Net earnings1 272.05377.841 667.151 876.432 139.26
Shareholders equity total11 683.2412 061.0713 728.2315 604.6617 743.92
Balance sheet total (assets)12 982.6613 675.2515 357.6117 944.1120 972.65
Net debt761.70722.881 467.521 401.132 315.52
Profitability
EBIT-%
ROA10.5 %3.0 %11.6 %11.4 %11.3 %
ROE12.9 %3.2 %12.9 %12.8 %12.8 %
ROI12.0 %3.1 %12.0 %11.7 %11.7 %
Economic value added (EVA)385.48279.55163.58459.25907.68
Solvency
Equity ratio90.0 %88.2 %89.4 %87.0 %84.6 %
Gearing6.8 %6.2 %10.9 %10.6 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.00.10.50.7
Current ratio0.90.00.10.50.7
Cash and cash equivalents37.8019.0323.61250.63341.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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