RADISSON CORNERSTONE A/S — Credit Rating and Financial Key Figures

CVR number: 17099442
Amager Strandvej 60-64, 2300 København S
corporate.accounting.cph@rezidor.com
tel: 32344170

Company information

Official name
RADISSON CORNERSTONE A/S
Personnel
14 persons
Established
1993
Company form
Limited company
Industry

About RADISSON CORNERSTONE A/S

RADISSON CORNERSTONE A/S (CVR number: 17099442) is a company from KØBENHAVN. The company recorded a gross profit of 20.4 mDKK in 2019. The operating profit was 3586 kDKK, while net earnings were 2860 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RADISSON CORNERSTONE A/S's liquidity measured by quick ratio was 3.2 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
2016
2017
2018
2019
Volume
Net sales33 088.00
Gross profit12 822.0014 802.0018 796.0020 428.00
EBIT222.00-3 066.003 604.003 586.00
Net earnings89.00-2 685.002 867.002 860.00
Shareholders equity total9 814.007 129.009 996.0012 856.00
Balance sheet total (assets)12 278.0014 825.0016 253.0019 440.00
Net debt-3.00-9.00-24.00-17.00
Profitability
EBIT-%0.7 %
ROA2.2 %-22.1 %23.9 %21.0 %
ROE0.9 %-31.7 %33.5 %25.0 %
ROI2.7 %-35.4 %43.4 %32.8 %
Economic value added (EVA)157.62-3 210.752 447.722 262.57
Solvency
Equity ratio79.9 %48.1 %61.5 %66.1 %
Gearing0.0 %
Relative net indebtedness %7.4 %
Liquidity
Quick ratio4.01.92.63.2
Current ratio5.01.92.63.2
Cash and cash equivalents4.009.0024.0017.00
Capital use efficiency
Trade debtors turnover (days)14.6
Net working capital %29.5 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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