CORVENAS ApS — Credit Rating and Financial Key Figures

CVR number: 32784879
Nyhavn 16, 1051 København K

Company information

Official name
CORVENAS ApS
Personnel
5 persons
Established
2010
Company form
Private limited company
Industry

About CORVENAS ApS

CORVENAS ApS (CVR number: 32784879) is a company from KØBENHAVN. The company recorded a gross profit of 3534.1 kDKK in 2023. The operating profit was 1720.7 kDKK, while net earnings were 1304.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.9 %, which can be considered excellent and Return on Equity (ROE) was 89.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. CORVENAS ApS's liquidity measured by quick ratio was 2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 973.152 080.961 789.962 549.003 534.13
EBIT236.84333.80-38.81768.451 720.74
Net earnings173.10243.37-64.88571.371 304.42
Shareholders equity total426.88550.25335.37906.742 011.16
Balance sheet total (assets)1 212.191 398.881 264.812 223.993 930.34
Net debt- 611.65- 760.05- 141.75- 264.17-1 640.02
Profitability
EBIT-%
ROA23.2 %25.6 %-2.9 %44.1 %55.9 %
ROE43.2 %49.8 %-14.7 %92.0 %89.4 %
ROI47.3 %48.0 %-4.5 %64.3 %80.1 %
Economic value added (EVA)198.13276.15-7.65608.991 328.38
Solvency
Equity ratio36.0 %41.4 %27.5 %41.7 %51.2 %
Gearing35.8 %47.3 %173.2 %61.7 %40.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.31.72.0
Current ratio1.51.71.21.62.0
Cash and cash equivalents764.261 020.35722.49823.852 453.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:55.9%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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