IK Kornum Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About IK Kornum Holding ApS
IK Kornum Holding ApS (CVR number: 41313749) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -11 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. IK Kornum Holding ApS's liquidity measured by quick ratio was 4.4 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 | 523.95 | ||||
Gross profit | -8.25 | 515.87 | -9.78 | -10.10 | -11.01 |
EBIT | -8.25 | 515.87 | -9.78 | -10.10 | -11.01 |
Net earnings | -15.70 | 511.49 | -9.80 | -9.84 | -10.80 |
Shareholders equity total | 24.30 | 535.79 | 500.99 | 491.15 | 480.35 |
Balance sheet total (assets) | 542.89 | 659.84 | 645.55 | 638.01 | 629.55 |
Net debt | -37.89 | -29.44 | 5.63 | 15.73 | 19.06 |
Profitability | |||||
EBIT-% | 98.5 % | ||||
ROA | -1.5 % | 86.0 % | -1.1 % | -1.2 % | -1.3 % |
ROE | -64.6 % | 182.6 % | -1.9 % | -2.0 % | -2.2 % |
ROI | -1.5 % | 86.9 % | -1.1 % | -1.2 % | -1.3 % |
Economic value added (EVA) | -8.25 | 514.40 | -36.95 | -36.44 | -36.86 |
Solvency | |||||
Equity ratio | 4.5 % | 81.2 % | 77.6 % | 77.0 % | 76.3 % |
Gearing | 20.6 % | 0.9 % | 4.6 % | 4.7 % | 4.8 % |
Relative net indebtedness % | 17.1 % | ||||
Liquidity | |||||
Quick ratio | 3.8 | 14.2 | 4.9 | 4.7 | 4.4 |
Current ratio | 3.8 | 14.2 | 4.9 | 4.7 | 4.4 |
Cash and cash equivalents | 42.89 | 34.44 | 17.62 | 7.52 | 4.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 28.4 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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