Corem Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Corem Denmark ApS
Corem Denmark ApS (CVR number: 36464763) is a company from KØBENHAVN. The company recorded a gross profit of 330.4 kDKK in 2024. The operating profit was -1935.1 kDKK, while net earnings were 27.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Corem Denmark ApS's liquidity measured by quick ratio was 29.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 245.70 | 2 754.00 | 3 689.13 | 3 208.96 | 330.36 |
EBIT | 407.34 | 430.57 | 1 024.55 | -50.58 | -1 935.08 |
Net earnings | 215 155.29 | 123 934.02 | 56 297.73 | - 387 611.89 | 27 279.89 |
Shareholders equity total | 767 435.70 | 891 369.72 | 885 167.45 | 497 555.56 | 524 835.45 |
Balance sheet total (assets) | 1 288 145.59 | 1 800 921.40 | 1 766 908.67 | 653 959.35 | 529 831.74 |
Net debt | 506 866.39 | 862 862.75 | 874 888.11 | 114 515.73 | -10 460.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.1 % | 9.1 % | 4.1 % | -30.3 % | 4.9 % |
ROE | 31.8 % | 14.9 % | 6.3 % | -56.1 % | 5.3 % |
ROI | 18.1 % | 9.1 % | 4.1 % | -30.3 % | 4.9 % |
Economic value added (EVA) | -61 697.48 | -64 121.95 | -89 136.14 | -88 721.88 | -35 407.71 |
Solvency | |||||
Equity ratio | 59.6 % | 49.5 % | 50.1 % | 76.1 % | 99.1 % |
Gearing | 67.7 % | 101.5 % | 99.4 % | 30.7 % | 0.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.7 | 10.6 | 4.0 | 15.0 | 29.9 |
Current ratio | 21.7 | 10.6 | 4.0 | 15.0 | 29.9 |
Cash and cash equivalents | 12 769.35 | 41 530.99 | 4 575.35 | 38 168.40 | 14 765.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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