RENÉ KORDON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RENÉ KORDON ApS
RENÉ KORDON ApS (CVR number: 54616619) is a company from HERLEV. The company recorded a gross profit of 39.8 kDKK in 2023. The operating profit was -538.7 kDKK, while net earnings were -423.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -133.8 %, which can be considered poor and Return on Equity (ROE) was -168.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RENÉ KORDON ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.85 | 288.06 | 26.97 | 145.77 | 39.76 |
| EBIT | - 429.80 | 92.44 | - 152.50 | -33.00 | - 538.72 |
| Net earnings | - 443.71 | 156.19 | - 121.94 | -26.95 | - 423.34 |
| Shareholders equity total | 345.54 | 501.72 | 299.78 | 152.83 | - 270.50 |
| Balance sheet total (assets) | 2 989.87 | 541.75 | 332.95 | 184.20 | 350.38 |
| Net debt | - 433.32 | - 354.87 | - 292.78 | - 141.83 | -7.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -13.5 % | 5.2 % | -34.9 % | -12.8 % | -133.8 % |
| ROE | -78.2 % | 36.9 % | -30.4 % | -11.9 % | -168.3 % |
| ROI | -14.2 % | 5.6 % | -38.1 % | -14.6 % | -301.9 % |
| Economic value added (EVA) | - 315.34 | 194.85 | - 126.43 | -26.26 | - 420.76 |
| Solvency | |||||
| Equity ratio | 11.6 % | 92.6 % | 90.0 % | 83.0 % | -43.6 % |
| Gearing | 718.8 % | -75.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 13.5 | 10.0 | 5.9 | 0.6 |
| Current ratio | 1.1 | 13.5 | 10.0 | 5.9 | 0.6 |
| Cash and cash equivalents | 2 917.08 | 354.87 | 292.78 | 141.83 | 211.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | B |
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