KORNERUP MALERFORRETNING ApS
Credit rating
Company information
About KORNERUP MALERFORRETNING ApS
KORNERUP MALERFORRETNING ApS (CVR number: 31062756) is a company from LEJRE. The company recorded a gross profit of 238.3 kDKK in 2021. The operating profit was -161.9 kDKK, while net earnings were -129.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.2 %, which can be considered poor and Return on Equity (ROE) was -76.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KORNERUP MALERFORRETNING ApS's liquidity measured by quick ratio was 1.7 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 359.04 | 302.46 | 330.60 | 385.32 | 238.35 |
EBIT | 108.19 | 146.62 | 327.98 | -64.93 | - 161.88 |
Net earnings | 77.60 | 107.06 | 223.63 | -52.86 | - 129.24 |
Shareholders equity total | -43.92 | 63.13 | 286.76 | 233.90 | 104.67 |
Balance sheet total (assets) | 412.68 | 379.61 | 418.83 | 543.68 | 261.08 |
Net debt | - 195.45 | - 161.15 | - 204.60 | - 488.64 | - 190.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.6 % | 35.1 % | 83.3 % | -12.3 % | -40.2 % |
ROE | 22.9 % | 45.0 % | 127.8 % | -20.3 % | -76.3 % |
ROI | 75.9 % | 132.0 % | 164.5 % | -21.3 % | -94.6 % |
Economic value added (EVA) | 90.73 | 129.72 | 249.22 | -58.43 | - 112.80 |
Solvency | |||||
Equity ratio | -9.6 % | 16.6 % | 68.5 % | 43.0 % | 40.1 % |
Gearing | -302.4 % | 41.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.2 | 4.0 | 1.8 | 1.7 |
Current ratio | 0.9 | 1.2 | 4.0 | 1.8 | 1.7 |
Cash and cash equivalents | 328.26 | 187.33 | 204.60 | 488.64 | 190.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | B |
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