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

Kornerup Holding A/S (CVR number: 39741350) is a company from GLOSTRUP. The company reported a net sales of 3.8 mDKK in 2022, demonstrating a decline of -96.1 % compared to the previous year. The operating profit percentage was poor at -157 % (EBIT: -6 mDKK), while net earnings were -32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.