Corendon Denmark ApS — Credit Rating and Financial Key Figures

Corendon Denmark ApS (CVR number: 42789860) is a company from BRØNDBY. The company recorded a gross profit of 1077.4 kEUR in 2023. The operating profit was 71.8 kEUR, while net earnings were 54.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 59.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Corendon Denmark ApS's liquidity measured by quick ratio was 2 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.