KORNVEJ K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORNVEJ K/S
KORNVEJ K/S (CVR number: 24250601) is a company from HERNING. The company recorded a gross profit of 149.4 kDKK in 2023. The operating profit was -8.5 kDKK, while net earnings were -42 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KORNVEJ K/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 351.55 | 427.97 | 1 324.01 | 407.24 | 149.43 |
EBIT | 109.06 | 185.48 | 1 168.48 | 251.71 | -8.45 |
Net earnings | 23.49 | 101.14 | 1 077.68 | 149.53 | -42.01 |
Shareholders equity total | 2 067.92 | 2 169.07 | 3 246.74 | 3 396.28 | 3 354.27 |
Balance sheet total (assets) | 10 951.01 | 10 460.93 | 9 620.87 | 9 784.41 | 7 296.14 |
Net debt | 3 363.94 | 3 254.79 | 524.37 | 543.22 | 12.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | 1.7 % | 11.6 % | 2.5 % | -0.1 % |
ROE | 1.1 % | 4.8 % | 39.8 % | 4.5 % | -1.2 % |
ROI | 1.5 % | 2.5 % | 15.2 % | 3.3 % | -0.2 % |
Economic value added (EVA) | 10.93 | 86.86 | 1 065.04 | 225.01 | -49.25 |
Solvency | |||||
Equity ratio | 18.9 % | 20.7 % | 33.7 % | 34.7 % | 46.0 % |
Gearing | 163.2 % | 150.4 % | 96.7 % | 89.1 % | 0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.8 | 0.8 | 0.7 |
Current ratio | 0.2 | 0.1 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 10.33 | 8.50 | 2 614.93 | 2 483.55 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.