CORNELIUS & CO. ApS
Credit rating
Company information
About CORNELIUS & CO. ApS
CORNELIUS & CO. ApS (CVR number: 11764037) is a company from HELSINGØR. The company reported a net sales of 1.2 mDKK in 2022, demonstrating a growth of 21.1 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0.1 mDKK), while net earnings were 108.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORNELIUS & CO. ApS's liquidity measured by quick ratio was 3.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 037.02 | 1 133.49 | 1 057.84 | 989.45 | 1 198.41 |
Gross profit | 104.53 | 90.19 | 24.71 | 85.93 | 209.64 |
EBIT | 99.53 | 85.19 | 16.38 | 77.60 | 135.68 |
Net earnings | 79.62 | 67.19 | 15.09 | 62.44 | 108.09 |
Shareholders equity total | 881.01 | 948.20 | 855.29 | 807.14 | 711.94 |
Balance sheet total (assets) | 981.23 | 967.16 | 965.34 | 843.76 | 814.90 |
Net debt | - 720.85 | - 774.90 | - 618.93 | - 693.70 | - 143.63 |
Profitability | |||||
EBIT-% | 9.6 % | 7.5 % | 1.5 % | 7.8 % | 11.3 % |
ROA | 10.8 % | 9.0 % | 2.1 % | 9.0 % | 16.9 % |
ROE | 9.5 % | 7.3 % | 1.7 % | 7.5 % | 14.2 % |
ROI | 12.2 % | 9.6 % | 2.2 % | 9.8 % | 18.5 % |
Economic value added (EVA) | 103.24 | 92.39 | 42.05 | 84.59 | 131.27 |
Solvency | |||||
Equity ratio | 89.8 % | 98.0 % | 88.6 % | 95.7 % | 87.4 % |
Gearing | |||||
Relative net indebtedness % | -59.8 % | -66.7 % | -48.1 % | -66.4 % | -3.4 % |
Liquidity | |||||
Quick ratio | 11.1 | 7.1 | 41.4 | 3.5 | |
Current ratio | 12.6 | 9.0 | 43.9 | 4.9 | |
Cash and cash equivalents | 720.85 | 774.90 | 618.93 | 693.70 | 143.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.1 | 49.6 | 38.2 | 29.0 | 29.9 |
Net working capital % | 86.6 % | 85.3 % | 79.7 % | 82.5 % | 23.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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