CORNERSTONE II A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORNERSTONE II A/S
CORNERSTONE II A/S (CVR number: 36501170) is a company from AARHUS. The company recorded a gross profit of -4.9 kEUR in 2024. The operating profit was -4.9 kEUR, while net earnings were -12 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORNERSTONE II A/S's liquidity measured by quick ratio was 81.9 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.26 | -6.20 | -5.77 | -4.14 | -4.90 |
EBIT | -10.27 | -11.22 | -10.78 | -9.15 | -4.90 |
Net earnings | 1.22 | -20.84 | -16.58 | -18.82 | -12.01 |
Shareholders equity total | 335.07 | 314.24 | 297.66 | 278.83 | 266.83 |
Balance sheet total (assets) | 402.24 | 329.49 | 301.67 | 279.64 | 267.33 |
Net debt | -5.32 | -42.20 | -50.60 | -26.71 | -14.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -5.6 % | -5.9 % | -7.4 % | -5.8 % |
ROE | 0.2 % | -6.4 % | -5.4 % | -6.5 % | -4.4 % |
ROI | -0.2 % | -5.6 % | -5.9 % | -7.4 % | -5.8 % |
Economic value added (EVA) | -60.93 | -31.16 | -25.99 | -22.99 | -17.72 |
Solvency | |||||
Equity ratio | 83.3 % | 95.4 % | 98.7 % | 99.7 % | 99.8 % |
Gearing | 18.4 % | 4.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 3.8 | 13.0 | 52.7 | 81.9 |
Current ratio | 1.1 | 3.8 | 13.0 | 52.7 | 81.9 |
Cash and cash equivalents | 66.91 | 56.58 | 50.60 | 26.71 | 14.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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