CORDSEN-RAVN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORDSEN-RAVN HOLDING ApS
CORDSEN-RAVN HOLDING ApS (CVR number: 34729697) is a company from AARHUS. The company recorded a gross profit of -153.2 kDKK in 2024. The operating profit was -1513 kDKK, while net earnings were 15.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORDSEN-RAVN HOLDING ApS's liquidity measured by quick ratio was 338.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 111.04 | -9 924.60 | - 232.60 | -71.37 | - 153.24 |
EBIT | - 111.04 | -9 933.25 | - 461.74 | -1 315.74 | -1 513.05 |
Net earnings | 14 956.75 | 279 767.28 | -3 272.18 | -7 426.03 | 15 239.92 |
Shareholders equity total | 24 878.20 | 294 419.48 | 281 147.30 | 268 721.28 | 283 461.20 |
Balance sheet total (assets) | 25 077.29 | 295 739.92 | 281 329.83 | 269 315.56 | 283 927.46 |
Net debt | -18.72 | - 159 746.94 | - 159 157.12 | - 139 650.53 | - 153 983.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 80.1 % | 176.0 % | 1.4 % | 2.9 % | 7.8 % |
ROE | 81.0 % | 175.2 % | -1.1 % | -2.7 % | 5.5 % |
ROI | 80.5 % | 176.8 % | 1.4 % | 2.9 % | 7.8 % |
Economic value added (EVA) | - 695.36 | -11 340.69 | -15 156.66 | -15 155.45 | -14 681.70 |
Solvency | |||||
Equity ratio | 99.2 % | 99.6 % | 99.9 % | 99.8 % | 99.8 % |
Gearing | 0.0 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 42.2 | 137.9 | 903.5 | 250.2 | 338.3 |
Current ratio | 42.2 | 137.9 | 903.5 | 250.2 | 338.3 |
Cash and cash equivalents | 18.72 | 159 746.94 | 159 157.35 | 139 650.58 | 153 983.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
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