COREBALANCE ApS
Credit rating
Company information
About COREBALANCE ApS
COREBALANCE ApS (CVR number: 32337627) is a company from AARHUS. The company recorded a gross profit of 462.4 kDKK in 2023. The operating profit was -102.8 kDKK, while net earnings were -81.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.9 %, which can be considered poor and Return on Equity (ROE) was -22 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COREBALANCE ApS's liquidity measured by quick ratio was 4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 400.06 | 322.01 | 285.59 | 258.76 | 462.38 |
EBIT | 363.99 | 278.89 | 242.47 | - 233.22 | - 102.76 |
Net earnings | 286.64 | 221.90 | 193.55 | - 179.30 | -81.94 |
Shareholders equity total | 538.22 | 649.52 | 593.07 | 413.78 | 331.83 |
Balance sheet total (assets) | 656.48 | 744.88 | 676.56 | 515.61 | 386.21 |
Net debt | - 223.64 | - 237.61 | - 293.42 | - 137.34 | -43.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 65.6 % | 40.8 % | 35.3 % | -38.0 % | -21.9 % |
ROE | 63.9 % | 37.4 % | 31.2 % | -35.6 % | -22.0 % |
ROI | 77.5 % | 46.9 % | 39.7 % | -44.7 % | -26.5 % |
Economic value added (EVA) | 274.77 | 201.75 | 167.53 | - 197.33 | -95.13 |
Solvency | |||||
Equity ratio | 82.0 % | 87.2 % | 87.7 % | 80.3 % | 85.9 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 6.7 | 7.3 | 3.2 | 4.0 |
Current ratio | 5.1 | 7.2 | 7.4 | 3.4 | 4.1 |
Cash and cash equivalents | 223.64 | 237.61 | 293.42 | 137.34 | 43.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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