HELGA OG PETER KORNINGS FOND — Credit Rating and Financial Key Figures

CVR number: 19750884
Thyrasgade 4, 8260 Viby J
dacas@dacas.dk
tel: 87340366

Company information

Official name
HELGA OG PETER KORNINGS FOND
Personnel
2 persons
Established
1999
Industry

About HELGA OG PETER KORNINGS FOND

HELGA OG PETER KORNINGS FOND (CVR number: 19750884) is a company from AARHUS. The company recorded a gross profit of 1383.7 kDKK in 2024. The operating profit was 1435 kDKK, while net earnings were 1207.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. HELGA OG PETER KORNINGS FOND's liquidity measured by quick ratio was 7.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit909.20277.15973.351 724.271 383.71
EBIT1 760.505 116.321 556.422 515.751 434.95
Net earnings1 800.195 053.04735.832 237.231 207.85
Shareholders equity total31 464.4935 985.4736 212.4337 804.1538 351.41
Balance sheet total (assets)32 103.0551 931.1852 295.1555 321.1255 822.09
Net debt-3 286.91862.373 137.975 991.955 556.28
Profitability
EBIT-%
ROA5.9 %12.5 %3.0 %5.0 %2.9 %
ROE5.8 %15.0 %2.0 %6.0 %3.2 %
ROI5.9 %12.6 %3.0 %5.1 %3.0 %
Economic value added (EVA)276.653 713.86- 279.39557.81- 715.23
Solvency
Equity ratio98.0 %69.3 %69.2 %68.3 %68.7 %
Gearing42.1 %41.8 %40.1 %39.6 %
Relative net indebtedness %
Liquidity
Quick ratio14.458.858.16.57.3
Current ratio14.458.858.16.57.3
Cash and cash equivalents3 286.9114 280.8112 005.219 174.499 621.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.94%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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