N-J Kornbech Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About N-J Kornbech Holding ApS
N-J Kornbech Holding ApS (CVR number: 40353151) is a company from VIBORG. The company reported a net sales of 3 mDKK in 2023, demonstrating a growth of 19.1 % compared to the previous year. The operating profit percentage was at 96.5 % (EBIT: 2.9 mDKK), while net earnings were 2885.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. N-J Kornbech Holding ApS's liquidity measured by quick ratio was 1229.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 510.69 | 2 991.16 | |||
Gross profit | -17.74 | -3.70 | -17.05 | 2 490.25 | 2 885.77 |
EBIT | -17.74 | -3.70 | -17.05 | 2 490.25 | 2 885.77 |
Net earnings | 2 164.50 | 2 234.99 | 2 837.99 | 2 438.05 | 2 885.77 |
Shareholders equity total | 11 757.58 | 13 092.57 | 13 680.55 | 15 018.60 | 16 804.46 |
Balance sheet total (assets) | 11 910.65 | 13 122.10 | 13 710.07 | 15 749.15 | 16 810.01 |
Net debt | -4 328.76 | -4 582.73 | -4 114.32 | -5 415.68 | -6 820.29 |
Profitability | |||||
EBIT-% | 99.2 % | 96.5 % | |||
ROA | 19.3 % | 18.1 % | 21.4 % | 16.9 % | 17.7 % |
ROE | 19.5 % | 18.0 % | 21.2 % | 17.0 % | 18.1 % |
ROI | 19.4 % | 18.1 % | 21.4 % | 16.9 % | 17.7 % |
Economic value added (EVA) | 9.89 | 3.99 | -21.55 | 2 485.75 | 2 922.48 |
Solvency | |||||
Equity ratio | 98.7 % | 99.8 % | 99.8 % | 95.4 % | 100.0 % |
Gearing | 1.2 % | 0.2 % | 0.2 % | 4.8 % | 0.0 % |
Relative net indebtedness % | -215.5 % | -227.8 % | |||
Liquidity | |||||
Quick ratio | 29.2 | 160.1 | 144.2 | 8.4 | 1 229.9 |
Current ratio | 29.2 | 160.1 | 144.2 | 8.4 | 1 229.9 |
Cash and cash equivalents | 4 466.83 | 4 607.25 | 4 138.84 | 6 141.22 | 6 820.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 215.5 % | 227.8 % | |||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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