CORTEX DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 34735980
Hedesvinget 24, 9520 Skørping
Free credit report Annual report

Credit rating

Company information

Official name
CORTEX DEVELOPMENT ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About CORTEX DEVELOPMENT ApS

CORTEX DEVELOPMENT ApS (CVR number: 34735980) is a company from REBILD. The company recorded a gross profit of -186.3 kDKK in 2024. The operating profit was -282.3 kDKK, while net earnings were -1106.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTEX DEVELOPMENT ApS's liquidity measured by quick ratio was 1711.2 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.

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- 156.54- 177.44- 169.02- 174.25- 186.33
EBIT- 252.54- 273.44- 265.02- 270.25- 282.33
Net earnings4 262.79- 334.53865.851 632.85-1 106.42
Shareholders equity total31 786.4530 738.9231 404.7832 837.6331 531.21
Balance sheet total (assets)32 964.6030 761.3631 521.2033 177.1031 549.65
Net debt-32 898.49-30 374.36-30 948.87-32 689.41-30 885.14
Profitability
EBIT-%
ROA19.5 %8.4 %8.8 %10.7 %3.7 %
ROE14.3 %-1.1 %2.8 %5.1 %-3.4 %
ROI19.9 %8.6 %8.9 %10.7 %3.7 %
Economic value added (EVA)-1 594.09-1 812.77-1 749.21-1 788.75-1 871.22
Solvency
Equity ratio96.4 %99.9 %99.6 %99.0 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio28.01 371.0270.797.71 711.2
Current ratio28.01 371.0270.797.71 711.2
Cash and cash equivalents32 898.4930 374.3630 948.8732 689.4130 885.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.70%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.