R. Cordes Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.60 | -12.50 | 127.42 | 194.37 | -48.31 |
EBIT | -2.60 | -22.41 | 107.59 | 174.54 | 1.25 |
Net earnings | -3.57 | -39.74 | 108.47 | 127.22 | 214.43 |
Shareholders equity total | 192.41 | 152.67 | 160.90 | 288.13 | 502.56 |
Balance sheet total (assets) | 209.54 | 1 932.87 | 2 011.39 | 2 135.14 | 1 096.59 |
Net debt | - 194.84 | 1 725.41 | 1 521.06 | 1 412.18 | - 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 | -17.11 | 50.93 | 98.09 | -48.15 |
Solvency | |||||
Equity ratio | 91.8 % | 7.9 % | 8.1 % | 13.6 % | 45.8 % |
Gearing | 1151.8 % | 1073.3 % | 588.4 % | 109.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.2 | 3.1 | 4.9 | 4.1 | 24.9 |
Current ratio | 12.2 | 2.7 | 3.8 | 3.6 | 24.9 |
Cash and cash equivalents | 194.84 | 33.03 | 205.96 | 283.10 | 1 093.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BBB | BBB | B |
Variable visualization
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