CORNELIUS & CO. ApS — Credit Rating and Financial Key Figures
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 1.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 133.49 | 1 057.84 | 989.45 | 1 198.41 | 1 282.72 |
Gross profit | 90.19 | 24.71 | 85.93 | 209.64 | 276.66 |
EBIT | 85.19 | 16.38 | 77.60 | 135.68 | 211.04 |
Net earnings | 67.19 | 15.09 | 62.44 | 108.09 | 164.68 |
Shareholders equity total | 948.20 | 855.29 | 807.14 | 711.94 | 876.62 |
Balance sheet total (assets) | 967.16 | 965.34 | 843.76 | 814.90 | 1 065.81 |
Net debt | - 774.90 | - 618.93 | - 693.70 | - 143.63 | - 298.46 |
Profitability | |||||
EBIT-% | 7.5 % | 1.5 % | 7.8 % | 11.3 % | 16.5 % |
ROA | 9.0 % | 2.1 % | 9.0 % | 16.9 % | 22.5 % |
ROE | 7.3 % | 1.7 % | 7.5 % | 14.2 % | 20.7 % |
ROI | 9.6 % | 2.2 % | 9.8 % | 18.5 % | 26.6 % |
Economic value added (EVA) | 22.18 | -34.87 | 17.55 | 65.27 | 128.83 |
Solvency | |||||
Equity ratio | 98.0 % | 88.6 % | 95.7 % | 87.4 % | 82.2 % |
Gearing | |||||
Relative net indebtedness % | -66.7 % | -48.1 % | -66.4 % | -3.4 % | -8.5 % |
Liquidity | |||||
Quick ratio | 7.1 | 41.4 | 3.5 | 3.1 | |
Current ratio | 9.0 | 43.9 | 4.9 | 4.7 | |
Cash and cash equivalents | 774.90 | 618.93 | 693.70 | 143.63 | 298.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.6 | 38.2 | 29.0 | 29.9 | 37.7 |
Net working capital % | 85.3 % | 79.7 % | 82.5 % | 23.6 % | 41.3 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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