Korndal Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40852352
Jasminvej 7, 4420 Regstrup

Company information

Official name
Korndal Holding ApS
Established
2019
Company form
Private limited company
Industry

About Korndal Holding ApS

Korndal Holding ApS (CVR number: 40852352) is a company from HOLBÆK. The company recorded a gross profit of -4.6 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were 562.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.6 %, which can be considered excellent and Return on Equity (ROE) was 45.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Korndal Holding ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.94-0.15-2.62-4.64
EBIT-9.94-0.15-2.62-4.64
Net earnings150.93343.42478.72562.25
Shareholders equity total190.93534.361 013.081 457.54
Balance sheet total (assets)280.28676.181 198.721 598.46
Net debt8.469.5436.53-22.42
Profitability
EBIT-%
ROA53.5 %72.4 %51.3 %40.6 %
ROE79.1 %94.7 %61.9 %45.5 %
ROI64.6 %85.8 %58.0 %44.6 %
Economic value added (EVA)-8.009.9525.4848.28
Solvency
Equity ratio68.1 %79.0 %84.5 %91.2 %
Gearing21.4 %7.8 %6.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.31.41.5
Current ratio1.71.31.41.5
Cash and cash equivalents32.3432.0831.8429.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:40.6%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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