Corporate Credit A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 911.90 | 10.64 | - 201.77 | - 986.68 | - 343.93 |
Shareholders equity total | 2 517.12 | 2 527.75 | 2 325.98 | 2 494.30 | 2 150.38 |
Balance sheet total (assets) | 2 540.24 | 2 552.90 | 2 351.67 | 2 521.46 | 2 181.00 |
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) | 192.22 | 191.53 | 198.35 | -33.56 | -40.41 |
Solvency | |||||
Equity ratio | 99.1 % | 99.0 % | 98.9 % | 98.9 % | 98.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 3.6 | 2.3 | 4.8 | 3.1 |
Current ratio | 5.5 | 3.6 | 2.3 | 4.8 | 3.1 |
Cash and cash equivalents | 128.05 | 90.86 | 58.99 | 130.84 | 95.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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