CORNIC-TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 87721817
Birkholmvej 1 B, Osted 4320 Lejre
mail@nitramoil.dk
tel: 46496200
www.nitramoil.dk
Free credit report Annual report

Credit rating

Company information

Official name
CORNIC-TRADING ApS
Personnel
2 persons
Established
1978
Domicile
Osted
Company form
Private limited company
Industry

About CORNIC-TRADING ApS

CORNIC-TRADING ApS (CVR number: 87721817) is a company from LEJRE. The company recorded a gross profit of 1532.1 kDKK in 2024. The operating profit was 141.7 kDKK, while net earnings were 264.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. CORNIC-TRADING ApS's liquidity measured by quick ratio was 3 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 profit1 174.682 841.40687.651 184.711 532.10
EBIT-1 331.38- 167.32-1 533.22- 934.91141.74
Net earnings-1 499.37- 215.07-1 626.75-1 019.60264.91
Shareholders equity total5 208.644 993.573 366.822 332.602 597.51
Balance sheet total (assets)7 488.727 993.097 298.676 037.353 851.42
Net debt1 505.751 886.041 615.881 433.64- 589.31
Profitability
EBIT-%
ROA-17.2 %-2.2 %-19.9 %-14.0 %7.5 %
ROE-29.4 %-4.2 %-38.9 %-35.8 %10.7 %
ROI-19.6 %-2.5 %-25.6 %-21.0 %11.4 %
Economic value added (EVA)-1 781.53- 505.22-1 879.44-1 185.79-53.92
Solvency
Equity ratio69.6 %62.5 %46.1 %38.6 %67.4 %
Gearing29.1 %38.0 %48.3 %66.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.21.11.23.0
Current ratio3.11.91.51.23.1
Cash and cash equivalents10.0310.369.94127.54589.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.51%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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