KORNEL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20037687
Kornelparken 38, 9310 Vodskov

Credit rating

Company information

Official name
KORNEL HOLDING ApS
Established
1997
Company form
Private limited company
Industry

About KORNEL HOLDING ApS

KORNEL HOLDING ApS (CVR number: 20037687) is a company from AALBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -2390.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.9 %, which can be considered poor and Return on Equity (ROE) was -60.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. KORNEL HOLDING ApS's liquidity measured by quick ratio was 2.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.50-5.00-5.00-5.00
EBIT-7.50-5.00-5.00-5.00
Net earnings402.59305.181 602.601 895.89-2 390.33
Shareholders equity total1 418.131 723.313 325.915 221.812 713.68
Balance sheet total (assets)2 021.802 326.993 934.598 035.453 535.89
Net debt585.29585.35373.40-1 093.44-1 942.46
Profitability
EBIT-%
ROA22.1 %14.0 %51.0 %31.7 %-40.9 %
ROE33.1 %19.4 %63.5 %44.4 %-60.2 %
ROI22.2 %14.1 %53.0 %35.0 %-45.9 %
Economic value added (EVA)-45.14-28.77-12.9368.64318.37
Solvency
Equity ratio70.1 %74.1 %84.5 %65.0 %76.7 %
Gearing41.8 %34.4 %11.5 %36.5 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.22.21.32.9
Current ratio2.22.22.21.32.9
Cash and cash equivalents8.198.138.132 997.942 422.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-40.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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