Credit rating
Company information
About KORNBO ERHVERV ApS
KORNBO ERHVERV ApS (CVR number: 10691206) is a company from FURESØ. The company recorded a gross profit of 120 kDKK in 2023. The operating profit was -507 kDKK, while net earnings were -454 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.5 %, which can be considered poor and Return on Equity (ROE) was -115.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KORNBO ERHVERV ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 501.48 | 457.15 | 707.77 | 1 121.43 | 120.01 |
EBIT | - 254.16 | - 195.86 | 81.54 | 315.15 | - 506.98 |
Net earnings | 54.87 | - 143.13 | 226.74 | 182.34 | - 453.99 |
Shareholders equity total | 526.82 | 383.70 | 610.44 | 678.38 | 106.58 |
Balance sheet total (assets) | 894.25 | 753.89 | 815.86 | 1 049.44 | 351.88 |
Net debt | - 407.64 | - 468.71 | - 494.45 | - 859.98 | - 214.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | -16.5 % | 29.2 % | 34.9 % | -64.5 % |
ROE | 11.0 % | -31.4 % | 45.6 % | 28.3 % | -115.7 % |
ROI | 8.6 % | -21.1 % | 40.6 % | 49.9 % | -103.5 % |
Economic value added (EVA) | - 244.62 | - 189.82 | 92.54 | 227.63 | - 497.08 |
Solvency | |||||
Equity ratio | 58.9 % | 50.9 % | 74.8 % | 64.6 % | 30.3 % |
Gearing | 45.4 % | 34.9 % | 2.3 % | 68.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.7 | 3.2 | 2.6 | 1.2 |
Current ratio | 2.0 | 1.7 | 3.2 | 2.6 | 1.2 |
Cash and cash equivalents | 647.04 | 602.56 | 494.45 | 875.40 | 286.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | B |
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