Shop By Cordes ApS — Credit Rating and Financial Key Figures

Shop By Cordes ApS (CVR number: 41181966) is a company from RANDERS. The company recorded a gross profit of -11.7 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were -11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -25.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Shop By Cordes ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.