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MICHAEL KöRNER ApS — Credit Rating and Financial Key Figures

CVR number: 27553052
Brannersvej 4, 2920 Charlottenlund
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Credit rating

Company information

Official name
MICHAEL KöRNER ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About MICHAEL KöRNER ApS

MICHAEL KöRNER ApS (CVR number: 27553052) is a company from GENTOFTE. The company recorded a gross profit of -112.6 kDKK in 2024. The operating profit was -161.5 kDKK, while net earnings were 44.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL KöRNER ApS's liquidity measured by quick ratio was 29.7 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.

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 profit- 108.23-48.25-53.84-80.47- 112.59
EBIT- 108.23- 170.25- 180.34- 210.97- 161.54
Net earnings1 287.32- 489.26457.31848.3344.25
Shareholders equity total12 254.0911 514.8311 914.9412 563.2712 407.52
Balance sheet total (assets)12 748.3911 900.0012 191.3712 831.1712 839.97
Net debt-12 748.39-11 887.97-12 173.88-12 813.62-12 825.08
Profitability
EBIT-%
ROA14.4 %0.3 %4.6 %7.0 %1.4 %
ROE11.1 %-4.1 %3.9 %6.9 %0.4 %
ROI14.8 %0.3 %4.7 %7.2 %1.4 %
Economic value added (EVA)- 641.03- 786.02- 758.96- 809.70- 792.85
Solvency
Equity ratio96.1 %96.8 %97.7 %97.9 %96.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio62.430.944.147.929.7
Current ratio62.430.944.147.929.7
Cash and cash equivalents12 748.3911 887.9712 173.8812 813.6212 825.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.38%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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