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KORNING MURERFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORNING MURERFORRETNING ApS
KORNING MURERFORRETNING ApS (CVR number: 12243278) is a company from HEDENSTED. The company recorded a gross profit of 110.2 kDKK in 2025. The operating profit was -74.3 kDKK, while net earnings were -71.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -22.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KORNING MURERFORRETNING ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 467.44 | 418.72 | 150.79 | 81.90 | 110.21 |
| EBIT | 258.20 | 232.37 | -33.89 | - 102.62 | -74.27 |
| Net earnings | 257.71 | 235.02 | 17.15 | -70.26 | -71.25 |
| Shareholders equity total | 404.83 | 639.85 | 417.00 | 346.74 | 275.49 |
| Balance sheet total (assets) | 997.73 | 789.70 | 464.24 | 531.01 | 393.57 |
| Net debt | - 236.00 | - 308.59 | -97.77 | - 317.27 | - 270.52 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 28.3 % | 27.2 % | -4.3 % | -19.9 % | -15.4 % |
| ROE | 93.4 % | 45.0 % | 3.2 % | -18.4 % | -22.9 % |
| ROI | 33.4 % | 31.9 % | -5.0 % | -24.9 % | -21.8 % |
| Economic value added (EVA) | 224.59 | 188.16 | -56.22 | -93.82 | -93.29 |
| Solvency | |||||
| Equity ratio | 40.6 % | 81.0 % | 89.8 % | 65.3 % | 70.0 % |
| Gearing | 117.3 % | 9.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 5.1 | 9.3 | 2.7 | 3.3 |
| Current ratio | 1.7 | 5.3 | 9.8 | 2.9 | 3.3 |
| Cash and cash equivalents | 711.06 | 308.59 | 97.77 | 349.05 | 270.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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