CORDY ApS — Credit Rating and Financial Key Figures

CVR number: 38849484
Strandlyst Alle 10, 2670 Greve

Credit rating

Company information

Official name
CORDY ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About CORDY ApS

CORDY ApS (CVR number: 38849484) is a company from GREVE. The company recorded a gross profit of -3.4 kDKK in 2023. The operating profit was -3.4 kDKK, while net earnings were -3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. CORDY ApS's liquidity measured by quick ratio was 1.7 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-4.03-3.37-3.37-3.47-3.37
EBIT-4.03-3.37-3.37-3.47-3.37
Net earnings-3.14-2.72-2.72-2.71-3.37
Shareholders equity total43.7841.0538.3435.6332.26
Balance sheet total (assets)43.7844.4241.7042.3642.36
Net debt-16.73-13.23-9.75-6.27-2.91
Profitability
EBIT-%
ROA-8.9 %-7.6 %-7.8 %-8.3 %-8.0 %
ROE-6.9 %-6.4 %-6.9 %-7.3 %-9.9 %
ROI-8.9 %-7.6 %-7.8 %-8.3 %-8.0 %
Economic value added (EVA)-4.99-4.73-4.60-4.74-4.51
Solvency
Equity ratio100.0 %92.4 %91.9 %84.1 %76.1 %
Gearing8.2 %8.8 %18.9 %31.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.74.92.51.7
Current ratio5.74.92.51.7
Cash and cash equivalents16.7316.6013.1113.0113.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-7.95%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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