CORNETT AUTOSOLSKÆRME ApS — Credit Rating and Financial Key Figures

CVR number: 17419544
Toftumvej 2, Sdr Vium 6893 Hemmet
tel: 97375150

Credit rating

Company information

Official name
CORNETT AUTOSOLSKÆRME ApS
Personnel
1 person
Established
1993
Domicile
Sdr Vium
Company form
Private limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About CORNETT AUTOSOLSKÆRME ApS

CORNETT AUTOSOLSKÆRME ApS (CVR number: 17419544) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 364.9 kDKK in 2024. The operating profit was 66.9 kDKK, while net earnings were 49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORNETT AUTOSOLSKÆRME ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit362.74436.79267.88292.73364.91
EBIT118.80159.3836.5925.9666.93
Net earnings90.07119.8326.2016.9949.39
Shareholders equity total401.23521.06490.06507.05556.44
Balance sheet total (assets)494.66638.46576.69665.62628.71
Net debt-68.42- 132.20- 126.38- 192.77- 165.96
Profitability
EBIT-%
ROA26.5 %28.1 %6.0 %4.2 %10.4 %
ROE25.3 %26.0 %5.2 %3.4 %9.3 %
ROI32.0 %33.8 %6.9 %5.0 %12.2 %
Economic value added (EVA)79.35107.369.383.0837.18
Solvency
Equity ratio81.1 %81.6 %85.0 %76.2 %88.5 %
Gearing0.3 %2.7 %4.5 %2.9 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.92.31.73.4
Current ratio5.34.96.24.08.4
Cash and cash equivalents69.77146.33148.42207.47184.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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