LP Korndal ApS — Credit Rating and Financial Key Figures

CVR number: 40854525
Jasminvej 7, 4420 Regstrup

Credit rating

Company information

Official name
LP Korndal ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About LP Korndal ApS

LP Korndal ApS (CVR number: 40854525) is a company from HOLBÆK. The company recorded a gross profit of 1193.4 kDKK in 2023. The operating profit was 738.5 kDKK, while net earnings were 572.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.4 %, which can be considered excellent and Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. LP Korndal ApS's liquidity measured by quick ratio was 2.4 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
Volume
Net sales
Gross profit369.76762.95978.661 193.41
EBIT208.71448.81628.21738.50
Net earnings159.75346.50483.17572.60
Shareholders equity total199.75546.251 029.421 402.03
Balance sheet total (assets)812.641 153.571 451.272 435.93
Net debt- 165.38- 603.00-1 187.40-1 689.20
Profitability
EBIT-%
ROA25.8 %45.7 %48.4 %38.4 %
ROE80.0 %92.9 %61.3 %47.1 %
ROI55.9 %96.5 %79.0 %60.9 %
Economic value added (EVA)160.35357.05489.15580.34
Solvency
Equity ratio24.6 %47.4 %70.9 %57.6 %
Gearing87.6 %1.9 %1.0 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.93.42.4
Current ratio1.31.93.42.4
Cash and cash equivalents340.44613.341 197.741 696.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:38.4%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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