CORREDOR ApS — Credit Rating and Financial Key Figures

CVR number: 31617278
Lykkesholms Allé 14 C, 1902 Frederiksberg C
cc@corredor.dk
tel: 25443300

Credit rating

Company information

Official name
CORREDOR ApS
Established
2008
Company form
Private limited company
Industry

About CORREDOR ApS

CORREDOR ApS (CVR number: 31617278) is a company from FREDERIKSBERG. The company recorded a gross profit of 48 kDKK in 2023. The operating profit was 19.2 kDKK, while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. CORREDOR ApS's liquidity measured by quick ratio was 1.9 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 profit92.0654.6534.052.6748.03
EBIT56.4722.791.51-27.4519.20
Net earnings44.0316.766.93-3.4335.20
Shareholders equity total670.84687.61694.53691.10726.30
Balance sheet total (assets)1 131.081 202.171 254.611 397.611 528.45
Net debt- 255.74- 271.08215.53589.31472.39
Profitability
EBIT-%
ROA7.1 %3.8 %2.9 %2.0 %5.6 %
ROE6.8 %2.5 %1.0 %-0.5 %5.0 %
ROI7.4 %4.0 %2.9 %2.0 %5.6 %
Economic value added (EVA)42.4316.614.18-46.17-14.45
Solvency
Equity ratio59.3 %57.2 %55.4 %49.4 %47.5 %
Gearing60.7 %69.7 %77.4 %101.0 %105.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.32.22.01.9
Current ratio2.52.32.22.01.9
Cash and cash equivalents663.23750.36321.96109.00295.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.56%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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