CORNELIUS & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 11764037
H P Christensens Vej 1, 3000 Helsingør
bossen@bertrams.dk
tel: 25217706

Credit rating

Company information

Official name
CORNELIUS & CO. ApS
Established
1987
Company form
Private limited company
Industry

About CORNELIUS & CO. ApS

CORNELIUS & CO. ApS (CVR number: 11764037) is a company from HELSINGØR. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was at 16.5 % (EBIT: 0.2 mDKK), while net earnings were 164.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.2 %, 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 3.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 133.491 057.84989.451 198.411 282.72
Gross profit90.1924.7185.93209.64276.66
EBIT85.1916.3877.60135.68211.04
Net earnings67.1915.0962.44108.09164.68
Shareholders equity total948.20855.29807.14711.94876.62
Balance sheet total (assets)967.16965.34843.76814.901 065.81
Net debt- 774.90- 618.93- 693.70- 143.63- 298.46
Profitability
EBIT-%7.5 %1.5 %7.8 %11.3 %16.5 %
ROA9.0 %2.1 %9.0 %16.9 %22.5 %
ROE7.3 %1.7 %7.5 %14.2 %20.7 %
ROI9.6 %2.2 %9.8 %18.5 %26.6 %
Economic value added (EVA)22.18-34.8717.5565.27128.83
Solvency
Equity ratio98.0 %88.6 %95.7 %87.4 %82.2 %
Gearing
Relative net indebtedness %-66.7 %-48.1 %-66.4 %-3.4 %-8.5 %
Liquidity
Quick ratio7.141.43.53.1
Current ratio9.043.94.94.7
Cash and cash equivalents774.90618.93693.70143.63298.46
Capital use efficiency
Trade debtors turnover (days)49.638.229.029.937.7
Net working capital %85.3 %79.7 %82.5 %23.6 %41.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.5%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.2%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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