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CORVENAS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORVENAS HOLDING ApS
CORVENAS HOLDING ApS (CVR number: 32784860) is a company from EGEDAL. The company recorded a gross profit of -9.4 kDKK in 2024. The operating profit was -9.4 kDKK, while net earnings were -975.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.4 %, which can be considered poor and Return on Equity (ROE) was -63.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CORVENAS HOLDING ApS's liquidity measured by quick ratio was 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.26 | -7.85 | -8.46 | -8.74 | -9.37 |
| EBIT | -8.26 | -7.85 | -8.46 | -8.74 | -9.37 |
| Net earnings | 233.59 | -73.08 | 565.37 | 1 301.14 | - 975.60 |
| Shareholders equity total | 524.70 | 338.62 | 903.98 | 2 087.32 | 989.72 |
| Balance sheet total (assets) | 929.34 | 771.37 | 1 458.94 | 3 081.91 | 1 762.84 |
| Net debt | 290.82 | 389.34 | 414.93 | 495.87 | 244.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.4 % | -7.0 % | 52.6 % | 58.8 % | -37.4 % |
| ROE | 50.4 % | -16.9 % | 91.0 % | 87.0 % | -63.4 % |
| ROI | 32.8 % | -7.4 % | 56.2 % | 68.2 % | -45.9 % |
| Economic value added (EVA) | -38.53 | -48.96 | -44.89 | -75.24 | - 139.03 |
| Solvency | |||||
| Equity ratio | 56.5 % | 43.9 % | 62.0 % | 67.7 % | 56.1 % |
| Gearing | 62.7 % | 126.0 % | 46.4 % | 24.0 % | 37.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.0 | 1.8 | 1.7 | 2.1 |
| Current ratio | 0.9 | 1.0 | 1.8 | 1.7 | 2.1 |
| Cash and cash equivalents | 37.98 | 37.16 | 4.50 | 4.09 | 126.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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