R. Cordes Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 33749341
Norasvej 5, 3360 Liseleje
cordesejendomme@gmail.com
tel: 26142739

Company information

Official name
R. Cordes Ejendomme ApS
Established
2011
Company form
Private limited company
Industry

About R. Cordes Ejendomme ApS

R. Cordes Ejendomme ApS (CVR number: 33749341) is a company from HALSNÆS. The company recorded a gross profit of -48.3 kDKK in 2022. The operating profit was 1.3 kDKK, while net earnings were 214.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. R. Cordes Ejendomme ApS's liquidity measured by quick ratio was 24.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-2.60-12.50127.42194.37-48.31
EBIT-2.60-22.41107.59174.541.25
Net earnings-3.57-39.74108.47127.22214.43
Shareholders equity total192.41152.67160.90288.13502.56
Balance sheet total (assets)209.541 932.872 011.392 135.141 096.59
Net debt- 194.841 725.411 521.061 412.18- 543.32
Profitability
EBIT-%
ROA-1.7 %-2.1 %5.5 %8.4 %14.1 %
ROE-1.8 %-23.0 %69.2 %56.7 %54.2 %
ROI-1.8 %-2.1 %5.5 %8.6 %14.6 %
Economic value added (EVA)-2.58-17.1150.9398.09-48.15
Solvency
Equity ratio91.8 %7.9 %8.1 %13.6 %45.8 %
Gearing1151.8 %1073.3 %588.4 %109.4 %
Relative net indebtedness %
Liquidity
Quick ratio12.23.14.94.124.9
Current ratio12.22.73.83.624.9
Cash and cash equivalents194.8433.03205.96283.101 093.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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