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KORNBEK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORNBEK ApS
KORNBEK ApS (CVR number: 27703011) is a company from ODENSE. The company recorded a gross profit of -19.6 kDKK in 2025. The operating profit was -19.6 kDKK, while net earnings were 830.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 56.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.2 %, 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. KORNBEK ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -19.10 | -11.23 | -27.57 | -15.15 | -19.62 |
| EBIT | - 369.10 | -11.23 | -27.57 | -15.15 | -19.62 |
| Net earnings | - 124.68 | 359.79 | -62.56 | 294.42 | 830.32 |
| Shareholders equity total | 464.97 | 824.76 | 762.20 | 1 056.62 | 1 886.94 |
| Balance sheet total (assets) | 3 944.17 | 3 971.67 | 3 933.09 | 4 346.75 | 4 475.79 |
| Net debt | 1 101.58 | 839.32 | 917.63 | 740.13 | 20.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.1 % | 9.5 % | -1.5 % | 7.8 % | 18.2 % |
| ROE | -23.6 % | 55.8 % | -7.9 % | 32.4 % | 56.4 % |
| ROI | -3.0 % | 20.6 % | -3.1 % | 16.2 % | 32.7 % |
| Economic value added (EVA) | - 446.04 | -95.64 | - 116.53 | - 104.64 | - 121.20 |
| Solvency | |||||
| Equity ratio | 11.8 % | 20.8 % | 19.4 % | 24.3 % | 42.2 % |
| Gearing | 280.9 % | 129.1 % | 142.6 % | 102.0 % | 47.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.7 | 0.7 | 0.7 | 1.1 |
| Current ratio | 0.6 | 0.7 | 0.7 | 0.7 | 1.1 |
| Cash and cash equivalents | 204.33 | 225.20 | 169.46 | 338.13 | 881.67 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BBB | BBB |
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