KORN ApS — Credit Rating and Financial Key Figures

CVR number: 43890050
Strandvejen 36, 8000 Aarhus C

Credit rating

Company information

Official name
KORN ApS
Established
2023
Company form
Private limited company
Industry

About KORN ApS

KORN ApS (CVR number: 43890050) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 3052.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORN ApS's liquidity measured by quick ratio was 1135.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit
EBIT
Net earnings3 052.69
Shareholders equity total42 533.79
Balance sheet total (assets)42 571.27
Net debt-42 413.97
Profitability
EBIT-%
ROA10.5 %
ROE7.2 %
ROI10.5 %
Economic value added (EVA)
Solvency
Equity ratio99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1 135.7
Current ratio1 135.7
Cash and cash equivalents42 413.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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