Kørnu.com IVS — Credit Rating and Financial Key Figures

Kørnu.com IVS (CVR number: 40155120) is a company from AALBORG. The company recorded a gross profit of -14.9 kDKK in 2019. The operating profit was -37.8 kDKK, while net earnings were -39.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.5 %, which can be considered poor and Return on Equity (ROE) was -51 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kørnu.com IVS's liquidity measured by quick ratio was 23.5 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.