COR Fitness ApS — Credit Rating and Financial Key Figures

CVR number: 41158077
Ballevej 16, 8300 Odder
jeppe@odderfys.dk
tel: 51643084
www.corfitness.dk

Credit rating

Company information

Official name
COR Fitness ApS
Personnel
16 persons
Established
2020
Company form
Private limited company
Industry

About COR Fitness ApS

COR Fitness ApS (CVR number: 41158077) is a company from ODDER. The company recorded a gross profit of 1618.2 kDKK in 2023. The operating profit was 362.8 kDKK, while net earnings were 222.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -64.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. COR Fitness ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit40.001 188.001 742.001 618.21
EBIT-1 422.00- 372.00124.00362.81
Net earnings-1 161.00- 314.0055.00222.79
Shareholders equity total-1 121.00-1 435.00-1 379.00-1 156.97
Balance sheet total (assets)667.00612.00702.00631.12
Net debt1 439.001 639.001 653.001 434.74
Profitability
EBIT-%
ROA-79.5 %-19.2 %6.5 %19.6 %
ROE-174.1 %-49.1 %8.4 %33.4 %
ROI-96.9 %-23.5 %8.1 %24.5 %
Economic value added (EVA)-1 131.56- 232.52169.42348.93
Solvency
Equity ratio-63.0 %-70.3 %-66.5 %-64.8 %
Gearing-128.4 %-114.2 %-119.9 %-124.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.3
Current ratio0.30.30.30.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-64.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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