Kornerup & Lees Holding ApS — Credit Rating and Financial Key Figures

Kornerup & Lees Holding ApS (CVR number: 39474239) is a company from KØBENHAVN. The company recorded a gross profit of -7.2 kDKK in 2019. The operating profit was -7.2 kDKK, while net earnings were -6.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. Kornerup & Lees Holding ApS's liquidity measured by quick ratio was 2.3 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.