CORTRIS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORTRIS ApS
CORTRIS ApS (CVR number: 33352387) is a company from KØBENHAVN. The company recorded a gross profit of 715.3 kDKK in 2023. The operating profit was -4318.9 kDKK, while net earnings were -3293.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -85.4 %, which can be considered poor and Return on Equity (ROE) was -99.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CORTRIS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27.50 | 2 252.63 | - 193.91 | 42.92 | 715.28 |
EBIT | 26.39 | 2 251.19 | - 193.91 | 42.92 | -4 318.94 |
Net earnings | 60.66 | 1 803.00 | -68.19 | 125.92 | -3 293.75 |
Shareholders equity total | - 208.65 | 1 550.22 | 1 509.11 | 1 609.05 | -1 707.35 |
Balance sheet total (assets) | 911.32 | 3 981.70 | 3 271.25 | 2 790.74 | 4 989.25 |
Net debt | 519.10 | -1 510.02 | 112.77 | 1 147.40 | 5 695.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 91.4 % | -2.2 % | 6.2 % | -85.4 % |
ROE | 6.2 % | 146.5 % | -4.5 % | 8.1 % | -99.8 % |
ROI | 11.9 % | 190.8 % | -4.1 % | 7.6 % | -95.4 % |
Economic value added (EVA) | 100.99 | 1 810.45 | - 107.86 | 31.53 | -3 407.78 |
Solvency | |||||
Equity ratio | -18.6 % | 38.9 % | 46.1 % | 57.7 % | -25.5 % |
Gearing | -347.9 % | 10.9 % | 44.3 % | 71.5 % | -335.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.5 | 1.6 | 1.9 | 0.7 |
Current ratio | 0.5 | 1.5 | 1.6 | 1.9 | 0.7 |
Cash and cash equivalents | 206.87 | 1 678.35 | 555.43 | 3.23 | 33.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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