Credit rating
Company information
About CORRPRO A/S
CORRPRO A/S (CVR number: 87908615) is a company from ROSKILDE. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was -131.5 kDKK, while net earnings were 157.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CORRPRO A/S'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 16 388.79 | 17 063.42 | 16 173.07 | 15 159.26 | 11 175.02 |
EBIT | 5 695.74 | 6 393.88 | 6 284.67 | 5 884.15 | - 131.48 |
Net earnings | 4 456.98 | 4 944.77 | 5 205.52 | 4 910.80 | 157.73 |
Shareholders equity total | 8 692.03 | 13 636.80 | 12 842.31 | 17 753.11 | 17 910.84 |
Balance sheet total (assets) | 12 269.92 | 19 133.34 | 23 325.27 | 24 817.74 | 24 703.06 |
Net debt | -5 164.22 | -5 793.82 | -3 776.35 | -91.97 | - 565.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.7 % | 41.1 % | 31.7 % | 26.8 % | 1.6 % |
ROE | 66.4 % | 44.3 % | 39.3 % | 32.1 % | 0.9 % |
ROI | 69.5 % | 57.2 % | 48.9 % | 40.0 % | 2.2 % |
Economic value added (EVA) | 4 344.31 | 4 785.80 | 4 500.36 | 4 129.21 | - 943.96 |
Solvency | |||||
Equity ratio | 70.8 % | 71.3 % | 55.1 % | 71.5 % | 72.5 % |
Gearing | 2.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.6 | 1.8 | 2.8 | 3.2 |
Current ratio | 3.4 | 3.3 | 2.4 | 3.8 | 3.5 |
Cash and cash equivalents | 5 164.22 | 5 793.82 | 3 776.35 | 511.36 | 565.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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