Korntoften ApS — Credit Rating and Financial Key Figures

Korntoften ApS (CVR number: 37472204) is a company from HERNING. The company recorded a gross profit of -2164 kDKK in 2017. The operating profit was -2164 kDKK, while net earnings were -2371.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.1 %, which can be considered poor and Return on Equity (ROE) was -63.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Korntoften ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.