Cornekto Holding ApS — Credit Rating and Financial Key Figures

Cornekto Holding ApS (CVR number: 38260278) is a company from SKIVE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -16.6 % compared to the previous year. The operating profit percentage was at 104.4 % (EBIT: 0.7 mDKK), while net earnings were 612.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. Cornekto Holding ApS's liquidity measured by quick ratio was 2.4 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.