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 81.9 kDKK in 2024. The operating profit was -102.6 kDKK, while net earnings were -70.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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 2.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 244.06 | 467.44 | 418.72 | 150.79 | 81.90 |
EBIT | 57.87 | 258.20 | 232.37 | -33.89 | - 102.62 |
Net earnings | 21.03 | 257.71 | 235.02 | 17.15 | -70.26 |
Shareholders equity total | 147.12 | 404.83 | 639.85 | 417.00 | 346.74 |
Balance sheet total (assets) | 896.47 | 997.73 | 789.70 | 464.24 | 531.01 |
Net debt | - 106.61 | - 236.00 | - 308.59 | -97.77 | - 317.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 28.3 % | 27.2 % | -4.3 % | -19.9 % |
ROE | 4.8 % | 93.4 % | 45.0 % | 3.2 % | -18.4 % |
ROI | 3.8 % | 33.4 % | 31.9 % | -5.0 % | -24.9 % |
Economic value added (EVA) | 7.66 | 224.59 | 188.16 | -56.22 | -93.82 |
Solvency | |||||
Equity ratio | 16.4 % | 40.6 % | 81.0 % | 89.8 % | 65.3 % |
Gearing | 394.7 % | 117.3 % | 9.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 5.1 | 9.3 | 2.7 |
Current ratio | 1.2 | 1.7 | 5.3 | 9.8 | 2.9 |
Cash and cash equivalents | 687.32 | 711.06 | 308.59 | 97.77 | 349.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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