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 51.7 kDKK in 2024. The operating profit was 44.7 kDKK, while net earnings were 28.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, 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 0.9 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.