CORTSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30728599
Olesvej 9, 2950 Vedbæk
lcortsen@gmail.com
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Company information

Official name
CORTSEN ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About CORTSEN ApS

CORTSEN ApS (CVR number: 30728599) is a company from RUDERSDAL. The company recorded a gross profit of -53.7 kDKK in 2024. The operating profit was -1292.4 kDKK, while net earnings were 2513.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTSEN ApS's liquidity measured by quick ratio was 10 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- 147.72- 211.67- 339.59-63.28-53.69
EBIT-1 241.63-1 447.58-1 574.36-1 300.52-1 292.45
Net earnings- 364.752 813.57-3 775.59819.742 513.66
Shareholders equity total17 375.2519 783.8315 893.8316 595.7818 987.44
Balance sheet total (assets)17 927.2120 749.1918 345.1119 145.9221 030.16
Net debt-17 797.26-20 628.67-15 394.21-15 995.31-18 275.26
Profitability
EBIT-%
ROA-1.8 %18.0 %-7.0 %6.3 %12.7 %
ROE-2.1 %15.1 %-21.2 %5.0 %14.1 %
ROI-1.9 %18.6 %-7.2 %6.3 %12.7 %
Economic value added (EVA)-2 196.95-2 051.87-2 589.36-2 168.48-2 254.53
Solvency
Equity ratio96.9 %95.3 %86.6 %86.7 %90.3 %
Gearing0.5 %0.5 %15.4 %15.4 %10.8 %
Relative net indebtedness %
Liquidity
Quick ratio32.421.57.37.310.0
Current ratio32.421.57.37.310.0
Cash and cash equivalents17 888.1220 723.1717 845.1118 545.4620 317.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.3%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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