KORNTVED & RIFSEIM ApS — Credit Rating and Financial Key Figures

CVR number: 27921574
Parkvænget 7, 2670 Greve

Company information

Official name
KORNTVED & RIFSEIM ApS
Established
2004
Company form
Private limited company
Industry

About KORNTVED & RIFSEIM ApS

KORNTVED & RIFSEIM ApS (CVR number: 27921574) is a company from GREVE. The company recorded a gross profit of -109.8 kDKK in 2023. The operating profit was -109.8 kDKK, while net earnings were 1591 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 22 %, which can be considered excellent. 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. KORNTVED & RIFSEIM ApS's liquidity measured by quick ratio was 30.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.06-6.19-20.60- 137.44- 109.81
EBIT-6.06-6.19-20.60- 137.44- 109.81
Net earnings938.34951.931 331.491 394.191 591.02
Shareholders equity total4 517.835 359.165 821.806 600.997 892.00
Balance sheet total (assets)4 522.835 364.165 828.658 032.197 900.64
Net debt-3 013.44- 137.40- 140.301 232.45- 158.92
Profitability
EBIT-%
ROA23.0 %19.5 %23.8 %19.7 %19.7 %
ROE22.9 %19.3 %23.8 %22.4 %22.0 %
ROI23.2 %19.5 %23.8 %19.7 %19.7 %
Economic value added (EVA)22.0923.90- 222.06- 315.64- 326.63
Solvency
Equity ratio99.9 %99.9 %99.9 %82.2 %99.9 %
Gearing21.6 %
Relative net indebtedness %
Liquidity
Quick ratio615.9653.939.80.230.3
Current ratio615.9653.9627.44.5706.7
Cash and cash equivalents3 013.44137.40140.30190.40158.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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