Cornelius Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 37557331
Dokken 10, 6700 Esbjerg

Credit rating

Company information

Official name
Cornelius Nordic ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Cornelius Nordic ApS

Cornelius Nordic ApS (CVR number: 37557331) is a company from ESBJERG. The company recorded a gross profit of 504.9 kDKK in 2017. The operating profit was -634.4 kDKK, while net earnings were -719 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37 %, which can be considered poor and Return on Equity (ROE) was -162.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Cornelius Nordic ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017
Volume
Net sales
Gross profit97.30504.90
EBIT- 239.23- 634.36
Net earnings- 197.40- 718.98
Shareholders equity total802.6083.62
Balance sheet total (assets)2 255.191 173.15
Net debt- 277.3294.65
Profitability
EBIT-%
ROA-10.6 %-37.0 %
ROE-24.6 %-162.3 %
ROI-29.8 %-92.6 %
Economic value added (EVA)- 189.77- 661.91
Solvency
Equity ratio35.6 %7.1 %
Gearing578.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.1
Current ratio1.61.1
Cash and cash equivalents277.32389.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-37.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.13%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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