Corporate Credit A/S — Credit Rating and Financial Key Figures

CVR number: 36960795
Hans Broges Gade 2, 8000 Aarhus C
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Credit rating

Company information

Official name
Corporate Credit A/S
Established
2015
Company form
Limited company
Industry

About Corporate Credit A/S

Corporate Credit A/S (CVR number: 36960795) is a company from AARHUS. The company recorded a gross profit of -41.8 kDKK in 2023. The operating profit was -41.8 kDKK, while net earnings were -343.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Corporate Credit A/S's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-31.09-38.78-32.05-34.85-41.77
EBIT-31.09-38.78-32.05-34.85-41.77
Net earnings- 911.9010.64- 201.77- 986.68- 343.93
Shareholders equity total2 517.122 527.752 325.982 494.302 150.38
Balance sheet total (assets)2 540.242 552.902 351.672 521.462 181.00
Net debt- 128.05-90.86-58.99- 130.84-95.16
Profitability
EBIT-%
ROA-30.2 %0.4 %-8.2 %-40.5 %-14.6 %
ROE-30.7 %0.4 %-8.3 %-40.9 %-14.8 %
ROI-30.4 %0.4 %-8.3 %-40.9 %-14.8 %
Economic value added (EVA)192.22191.53198.35-33.56-40.41
Solvency
Equity ratio99.1 %99.0 %98.9 %98.9 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.53.62.34.83.1
Current ratio5.53.62.34.83.1
Cash and cash equivalents128.0590.8658.99130.8495.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-14.6%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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