CORDY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 total | 43.78 | 41.05 | 38.34 | 35.63 | 32.26 |
Balance sheet total (assets) | 43.78 | 44.42 | 41.70 | 42.36 | 42.36 |
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 ratio | 100.0 % | 92.4 % | 91.9 % | 84.1 % | 76.1 % |
Gearing | 8.2 % | 8.8 % | 18.9 % | 31.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 4.9 | 2.5 | 1.7 | |
Current ratio | 5.7 | 4.9 | 2.5 | 1.7 | |
Cash and cash equivalents | 16.73 | 16.60 | 13.11 | 13.01 | 13.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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