CORTEX TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CORTEX TECHNOLOGY ApS (CVR number: 78880813) is a company from AALBORG. The company recorded a gross profit of 14.3 mDKK in 2023. The operating profit was 3120.3 kDKK, while net earnings were 2432.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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 TECHNOLOGY ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.