Cortex 18 ApS — Credit Rating and Financial Key Figures

Cortex 18 ApS (CVR number: 38402927) is a company from ODENSE. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 12.6 mDKK, while net earnings were 7735 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Cortex 18 ApS's liquidity measured by quick ratio was 3.2 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.