KORNMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32278922
Skipper Clements Allé 7, 2300 København S
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Company information

Official name
KORNMARK ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About KORNMARK ApS

KORNMARK ApS (CVR number: 32278922) is a company from KØBENHAVN. The company recorded a gross profit of 3480 kDKK in 2024. The operating profit was 2726.6 kDKK, while net earnings were 788.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.3 %, 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. KORNMARK ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit2 378.122 416.603 203.912 491.133 480.00
EBIT2 239.498 173.212 629.701 964.062 726.56
Net earnings1 117.055 877.531 462.74315.17788.05
Shareholders equity total18 301.9224 179.4524 642.1823 957.3623 745.41
Balance sheet total (assets)57 177.0864 155.5762 182.1161 187.7258 907.48
Net debt25 033.1423 404.5719 359.6719 259.8117 914.13
Profitability
EBIT-%
ROA4.0 %13.5 %4.2 %3.2 %4.6 %
ROE6.3 %27.7 %6.0 %1.3 %3.3 %
ROI4.5 %16.1 %5.0 %3.9 %5.6 %
Economic value added (EVA)- 806.034 024.88- 569.79-1 000.13- 317.66
Solvency
Equity ratio32.0 %37.7 %39.6 %39.2 %40.3 %
Gearing141.0 %102.8 %86.6 %85.8 %80.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio0.10.10.20.10.1
Cash and cash equivalents771.531 452.981 976.441 298.761 199.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.58%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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