Credit rating
Company information
About Kornerup&Co ApS
Kornerup&Co ApS (CVR number: 32342663) is a company from HELSINGØR. The company recorded a gross profit of 80.8 kDKK in 2023. The operating profit was -80.8 kDKK, while net earnings were 1217.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kornerup&Co ApS's liquidity measured by quick ratio was 5.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 234.32 | 232.53 | 160.14 | 132.42 | 80.83 |
EBIT | - 234.32 | - 232.53 | - 160.14 | - 132.42 | -80.83 |
Net earnings | 1 842.48 | 4 576.05 | 189 182.48 | 1 008.20 | 1 217.95 |
Shareholders equity total | 24 942.83 | 25 268.88 | 209 851.36 | 202 059.56 | 197 577.50 |
Balance sheet total (assets) | 31 327.59 | 28 673.49 | 211 025.02 | 205 007.30 | 198 926.42 |
Net debt | -31 033.26 | -27 983.58 | -18 487.58 | -10 682.14 | -6 196.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | 19.7 % | 159.2 % | 0.5 % | 0.7 % |
ROE | 6.6 % | 18.2 % | 160.9 % | 0.5 % | 0.6 % |
ROI | 8.5 % | 23.5 % | 161.5 % | 0.5 % | 0.7 % |
Economic value added (EVA) | - 152.74 | 129.51 | -3.16 | -69.70 | 64.61 |
Solvency | |||||
Equity ratio | 79.6 % | 88.1 % | 99.4 % | 98.6 % | 99.3 % |
Gearing | 0.5 % | 1.4 % | 0.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 12.6 | 16.8 | 4.6 | 5.7 |
Current ratio | 4.9 | 12.6 | 16.8 | 4.6 | 5.7 |
Cash and cash equivalents | 31 033.26 | 27 983.58 | 19 630.03 | 13 519.75 | 7 526.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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