CORTEX A/S — Credit Rating and Financial Key Figures

CVR number: 19795187
Priorparken 355, 2605 Brøndby

Company information

Official name
CORTEX A/S
Established
1996
Company form
Limited company
Industry

About CORTEX A/S

CORTEX A/S (CVR number: 19795187) is a company from BRØNDBY. The company recorded a gross profit of 7529.5 kDKK in 2024. The operating profit was 7387.1 kDKK, while net earnings were 5809.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. CORTEX A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 622.346 366.327 546.196 520.317 529.54
EBIT6 444.286 215.347 403.796 377.907 387.14
Net earnings5 013.884 823.275 708.804 881.135 809.35
Shareholders equity total11 951.9116 775.1922 483.9927 365.1313 174.48
Balance sheet total (assets)19 423.4325 355.4733 811.8138 427.2525 793.93
Net debt-4 425.71-9 133.01-11 122.54-17 266.689 750.51
Profitability
EBIT-%
ROA21.8 %27.8 %25.0 %17.7 %23.2 %
ROE21.9 %33.6 %29.1 %19.6 %28.7 %
ROI26.9 %37.4 %28.5 %18.4 %24.3 %
Economic value added (EVA)3 329.324 519.265 509.534 862.725 709.45
Solvency
Equity ratio61.5 %66.2 %66.5 %71.2 %51.1 %
Gearing8.2 %14.1 %40.6 %33.1 %78.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.92.42.91.3
Current ratio1.21.92.42.91.3
Cash and cash equivalents5 410.4511 493.4720 254.6626 320.26552.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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