Cordsen Capital A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Cordsen Capital A/S
Cordsen Capital A/S (CVR number: 10174287) is a company from HADERSLEV. The company recorded a gross profit of 1360 kDKK in 2024. The operating profit was -2616.9 kDKK, while net earnings were 26.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cordsen Capital A/S's liquidity measured by quick ratio was 5.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14.15 | 950.45 | 2 142.62 | 1 298.84 | 1 359.98 |
EBIT | -1 713.01 | -1 892.92 | - 806.05 | -1 986.69 | -2 616.89 |
Net earnings | 1 328.35 | 49 630.28 | 22 111.32 | 27 920.63 | 26 583.47 |
Shareholders equity total | 286 734.14 | 364 158.29 | 381 769.61 | 455 127.95 | 476 738.53 |
Balance sheet total (assets) | 326 616.93 | 404 987.56 | 394 648.66 | 523 058.55 | 557 314.34 |
Net debt | -96 861.59 | - 130 556.67 | - 117 081.47 | -72 881.53 | -43 208.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 14.8 % | 7.1 % | 7.2 % | 6.2 % |
ROE | 0.5 % | 15.2 % | 5.9 % | 6.7 % | 5.7 % |
ROI | 1.4 % | 14.8 % | 7.1 % | 7.3 % | 6.2 % |
Economic value added (EVA) | -16 816.97 | -18 141.55 | -21 093.94 | -21 210.27 | -27 982.54 |
Solvency | |||||
Equity ratio | 87.8 % | 89.9 % | 96.7 % | 87.0 % | 85.5 % |
Gearing | 13.6 % | 10.7 % | 2.5 % | 14.2 % | 15.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.7 | 81.6 | 39.4 | 8.6 | 5.8 |
Current ratio | 5.1 | 85.1 | 40.1 | 8.7 | 5.8 |
Cash and cash equivalents | 135 880.34 | 169 701.48 | 126 781.10 | 137 645.15 | 119 016.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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