CORE SYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 24227774
Langelandsgade 31, 8000 Aarhus C
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Company information

Official name
CORE SYSTEMS ApS
Established
1999
Company form
Private limited company
Industry

About CORE SYSTEMS ApS

CORE SYSTEMS ApS (CVR number: 24227774) is a company from AARHUS. The company recorded a gross profit of -29.4 kDKK in 2019. The operating profit was -29.4 kDKK, while net earnings were -33.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -50.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. CORE SYSTEMS ApS's liquidity measured by quick ratio was 1.4 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
2016
2017
2018
2019
Volume
Net sales
Gross profit-68.90-10.68-8.33-29.45
EBIT-68.90-10.68-8.33-29.45
Net earnings-75.66-15.66-13.28-33.83
Shareholders equity total113.2797.6284.3450.51
Balance sheet total (assets)233.08222.35182.55181.83
Net debt- 131.17- 114.49-71.28-93.63
Profitability
EBIT-%
ROA-29.6 %-4.7 %-4.1 %-15.8 %
ROE-66.8 %-14.8 %-14.6 %-50.2 %
ROI-35.4 %-5.7 %-4.7 %-18.5 %
Economic value added (EVA)-68.90-5.69-3.23-25.67
Solvency
Equity ratio48.6 %43.9 %46.2 %27.8 %
Gearing72.0 %86.9 %104.6 %174.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.81.91.4
Current ratio1.91.81.91.4
Cash and cash equivalents212.68199.28159.48181.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-15.8%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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