CORNETT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25098560
Knapløkke 2, 6200 Aabenraa

Credit rating

Company information

Official name
CORNETT HOLDING ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About CORNETT HOLDING ApS

CORNETT HOLDING ApS (CVR number: 25098560) is a company from AABENRAA. The company recorded a gross profit of -42.3 kDKK in 2020. The operating profit was -42.3 kDKK, while net earnings were -159.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORNETT HOLDING ApS's liquidity measured by quick ratio was 318.2 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
2020
Volume
Net sales
Gross profit-14.09-16.33-15.09-28.10-42.33
EBIT-54.09- 116.33- 115.09- 118.10-42.33
Net earnings287.37258.09- 146.580.27- 159.90
Shareholders equity total9 077.558 985.658 589.078 339.347 929.44
Balance sheet total (assets)9 178.619 110.088 701.078 441.347 954.44
Net debt-8 199.85-8 159.74-7 692.38-7 425.72-7 004.18
Profitability
EBIT-%
ROA4.0 %3.8 %2.3 %0.4 %2.7 %
ROE3.2 %2.9 %-1.7 %0.0 %-2.0 %
ROI4.0 %3.8 %2.3 %0.5 %2.7 %
Economic value added (EVA)-54.09- 144.74- 131.28- 163.16-75.97
Solvency
Equity ratio98.9 %98.6 %98.7 %98.8 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio90.873.277.782.8318.2
Current ratio90.873.277.782.8318.2
Cash and cash equivalents8 199.858 159.747 692.387 425.727 004.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:2.68%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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