CORTEX DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CORTEX DEVELOPMENT ApS (CVR number: 34735980) is a company from REBILD. The company recorded a gross profit of -174.3 kDKK in 2023. The operating profit was -270.3 kDKK, while net earnings were 1632.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, 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 97.7 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.