Cordes & Milling Byg ApS — Credit Rating and Financial Key Figures

Cordes & Milling Byg ApS (CVR number: 37669288) is a company from KERTEMINDE. The company recorded a gross profit of 54.5 kDKK in 2023. The operating profit was 47.4 kDKK, while net earnings were 24.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cordes & Milling Byg ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.