K/S Corem Fairway — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Corem Fairway
K/S Corem Fairway (CVR number: 35521399) is a company from KØBENHAVN. The company recorded a gross profit of -493.2 kDKK in 2024. The operating profit was 41 mDKK, while net earnings were 33.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S Corem Fairway's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 20 419.74 | 17 889.94 | 12 762.05 | 3 895.92 | - 493.18 |
EBIT | 7 375.35 | 37 133.87 | 1 299.02 | -57 430.73 | 41 027.16 |
Net earnings | 5 298.79 | 34 822.72 | -2 259.54 | -66 855.87 | 33 562.23 |
Shareholders equity total | 244 700.78 | 279 523.51 | 267 263.97 | 238 408.10 | 318 970.33 |
Balance sheet total (assets) | 537 533.59 | 565 381.64 | 547 236.59 | 399 135.39 | 479 486.58 |
Net debt | 258 314.38 | 244 743.21 | 250 799.09 | 151 153.06 | 137 728.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.3 % | 6.7 % | 0.2 % | -12.1 % | 9.4 % |
ROE | 2.0 % | 13.3 % | -0.8 % | -26.4 % | 12.0 % |
ROI | 1.3 % | 6.8 % | 0.2 % | -12.2 % | 9.5 % |
Economic value added (EVA) | -21 967.41 | 10 745.93 | -26 651.21 | -84 673.27 | 21 286.48 |
Solvency | |||||
Equity ratio | 45.5 % | 49.4 % | 48.8 % | 59.7 % | 66.5 % |
Gearing | 114.6 % | 99.0 % | 102.8 % | 64.8 % | 46.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 3.5 | 2.1 | 0.3 | 0.5 |
Current ratio | 2.8 | 3.5 | 2.1 | 0.3 | 0.5 |
Cash and cash equivalents | 22 117.96 | 31 956.77 | 24 077.03 | 3 288.27 | 9 642.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | BBB | A |
Variable visualization
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