Cornerstones A/S — Credit Rating and Financial Key Figures

CVR number: 40668209
Bredgade 2 C, 7400 Herning
pfs@cornerstones.dk
tel: 20308334
cornerstones.dk

Credit rating

Company information

Official name
Cornerstones A/S
Personnel
15 persons
Established
2019
Company form
Limited company
Industry

About Cornerstones A/S

Cornerstones A/S (CVR number: 40668209) is a company from HERNING. The company reported a net sales of 15.9 mDKK in 2024, demonstrating a growth of 31.4 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 0.8 mDKK), while net earnings were 653.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. Cornerstones A/S's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales12 092.0115 890.77
Gross profit4 285.967 654.719 222.6110 818.0612 570.00
EBIT1 530.601 966.45794.69-19.06830.00
Net earnings1 180.661 521.83613.210.53653.36
Shareholders equity total2 223.662 845.483 058.702 059.232 712.59
Balance sheet total (assets)3 344.113 812.154 060.193 472.514 581.80
Net debt-2 157.35-1 105.48- 365.03- 926.31- 554.85
Profitability
EBIT-%-0.2 %5.2 %
ROA45.8 %55.0 %20.4 %0.4 %21.1 %
ROE53.1 %60.0 %20.8 %0.0 %27.4 %
ROI68.8 %77.7 %27.2 %0.5 %35.6 %
Economic value added (EVA)1 193.211 530.22530.69- 154.41558.70
Solvency
Equity ratio66.5 %74.6 %75.3 %59.3 %61.0 %
Gearing0.0 %
Relative net indebtedness %4.0 %8.3 %
Liquidity
Quick ratio2.93.94.02.42.6
Current ratio2.93.94.02.42.4
Cash and cash equivalents2 157.351 105.48365.03926.32554.85
Capital use efficiency
Trade debtors turnover (days)48.664.0
Net working capital %16.1 %16.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.1%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Chief executive officer
Board member

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