CORTEX HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 19373088
Hammerholmen 22, 2650 Hvidovre
holger@facaderens.dk
tel: 36772171

Credit rating

Company information

Official name
CORTEX HOLDING ApS
Personnel
1 person
Established
1996
Company form
Private limited company
Industry

About CORTEX HOLDING ApS

CORTEX HOLDING ApS (CVR number: 19373088) is a company from HVIDOVRE. The company recorded a gross profit of -51.2 kDKK in 2024. The operating profit was -51.2 kDKK, while net earnings were -113.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTEX HOLDING ApS's liquidity measured by quick ratio was 241.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 222.02-78.51- 107.80-65.19-51.24
EBIT- 292.02- 678.51- 107.80-65.19-51.24
Net earnings15 860.276 591.50- 168.14-2 011.96- 113.55
Shareholders equity total22 318.6326 810.1419 042.0015 330.0413 516.49
Balance sheet total (assets)22 596.4828 842.2424 214.6015 950.7513 571.79
Net debt-12 368.81-22 762.85-16 131.80-7 803.25-6 242.75
Profitability
EBIT-%
ROA106.0 %31.2 %26.3 %1.4 %2.2 %
ROE105.6 %26.8 %-0.7 %-11.7 %-0.8 %
ROI107.0 %32.6 %30.4 %1.7 %2.2 %
Economic value added (EVA)- 143.71- 563.18- 115.51- 208.87- 400.78
Solvency
Equity ratio98.8 %93.0 %78.6 %96.1 %99.6 %
Gearing3.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio62.612.94.725.5241.4
Current ratio62.612.94.725.5241.4
Cash and cash equivalents12 368.8122 762.8516 131.808 277.566 269.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:2.21%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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