Kornerup Holding A/S — Credit Rating and Financial Key Figures

Kornerup Holding A/S (CVR number: 39741350K) is a company from GLOSTRUP. The company reported a net sales of 755.8 mDKK in 2022, demonstrating a growth of 1.9 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 58.1 mDKK), while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. Kornerup Holding 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.