EINAR KORNERUP A/S
Credit rating
Company information
About EINAR KORNERUP A/S
EINAR KORNERUP A/S (CVR number: 79095311) is a company from GLOSTRUP. The company reported a net sales of 678.6 mDKK in 2024, demonstrating a growth of 17.7 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 34.6 mDKK), while net earnings were 32 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. EINAR KORNERUP A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 690.00 | 723.00 | 766.00 | 576.43 | 678.58 |
Gross profit | 690.00 | 723.00 | 766.00 | 91.17 | 95.45 |
EBIT | 19.00 | 20.00 | 22.00 | 41.05 | 34.59 |
Net earnings | 16.00 | 17.00 | 18.00 | 39.39 | 31.98 |
Shareholders equity total | 94.00 | 98.00 | 101.00 | 125.07 | 123.45 |
Balance sheet total (assets) | 282.00 | 331.00 | 322.00 | 355.71 | 319.29 |
Net debt | -1.61 | -1.64 | |||
Profitability | |||||
EBIT-% | 2.8 % | 2.8 % | 2.9 % | 7.1 % | 5.1 % |
ROA | 6.3 % | 6.5 % | 6.7 % | 15.0 % | 12.2 % |
ROE | 17.4 % | 17.7 % | 18.1 % | 34.8 % | 25.7 % |
ROI | 6.3 % | 6.5 % | 6.7 % | 21.7 % | 27.9 % |
Economic value added (EVA) | 14.48 | 15.28 | 17.08 | 26.93 | 20.75 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 35.2 % | 38.7 % |
Gearing | |||||
Relative net indebtedness % | 35.7 % | 25.3 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | |||
Current ratio | 1.7 | 1.8 | |||
Cash and cash equivalents | 1.61 | 1.64 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 95.9 | 77.3 | |||
Net working capital % | 25.7 % | 21.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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