Cordiq A/S — Credit Rating and Financial Key Figures

Cordiq A/S (CVR number: 32143504) is a company from KØBENHAVN. The company recorded a gross profit of -29 kDKK in 2016. The operating profit was -38 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cordiq A/S's liquidity measured by quick ratio was 13.9 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.