Kornerup Holding A/S — Credit Rating and Financial Key Figures

Kornerup Holding A/S (CVR number: 35410686) is a company from GLOSTRUP. The company reported a net sales of 3.4 mDKK in 2023, demonstrating a decline of -11.3 % compared to the previous year. The operating profit percentage was poor at -157.8 % (EBIT: -5.4 mDKK), while net earnings were 42 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. Kornerup Holding A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.