N-J Kornbech Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40353151
Gl. Finderupvej 22, 8800 Viborg

Company information

Official name
N-J Kornbech Holding ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 510.692 991.16
Gross profit-17.74-3.70-17.052 490.252 885.77
EBIT-17.74-3.70-17.052 490.252 885.77
Net earnings2 164.502 234.992 837.992 438.052 885.77
Shareholders equity total11 757.5813 092.5713 680.5515 018.6016 804.46
Balance sheet total (assets)11 910.6513 122.1013 710.0715 749.1516 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 %
ROA19.3 %18.1 %21.4 %16.9 %17.7 %
ROE19.5 %18.0 %21.2 %17.0 %18.1 %
ROI19.4 %18.1 %21.4 %16.9 %17.7 %
Economic value added (EVA)9.893.99-21.552 485.752 922.48
Solvency
Equity ratio98.7 %99.8 %99.8 %95.4 %100.0 %
Gearing1.2 %0.2 %0.2 %4.8 %0.0 %
Relative net indebtedness %-215.5 %-227.8 %
Liquidity
Quick ratio29.2160.1144.28.41 229.9
Current ratio29.2160.1144.28.41 229.9
Cash and cash equivalents4 466.834 607.254 138.846 141.226 820.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %215.5 %227.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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