KK Kornum Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KK Kornum Holding ApS
KK Kornum Holding ApS (CVR number: 41285648) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -11.7 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were -11.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. KK Kornum Holding ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 523.95 | |||
Gross profit | -8.25 | 515.87 | -9.78 | -11.72 |
EBIT | -8.25 | 515.87 | -9.78 | -11.72 |
Net earnings | -15.70 | 511.49 | -9.79 | -11.70 |
Shareholders equity total | 24.30 | 535.79 | 468.80 | 398.20 |
Balance sheet total (assets) | 542.89 | 659.84 | 636.86 | 611.56 |
Net debt | -37.89 | -29.44 | 37.81 | 85.16 |
Profitability | ||||
EBIT-% | 98.5 % | |||
ROA | -1.5 % | 86.0 % | -1.1 % | -1.5 % |
ROE | -64.6 % | 182.6 % | -1.9 % | -2.7 % |
ROI | -1.5 % | 86.9 % | -1.1 % | -1.5 % |
Economic value added (EVA) | -8.25 | 541.93 | -9.85 | -9.71 |
Solvency | ||||
Equity ratio | 4.5 % | 81.2 % | 73.6 % | 65.1 % |
Gearing | 20.6 % | 0.9 % | 10.0 % | 22.5 % |
Relative net indebtedness % | 17.1 % | |||
Liquidity | ||||
Quick ratio | 3.8 | 14.2 | 2.6 | 1.2 |
Current ratio | 3.8 | 14.2 | 2.6 | 1.2 |
Cash and cash equivalents | 42.89 | 34.44 | 8.94 | 4.60 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 28.4 % | |||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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