Cornelsen Ejendomme ApS

CVR number: 44093340
Galgemark 9, 6261 Bredebro

Credit rating

Company information

Official name
Cornelsen Ejendomme ApS
Established
2023
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

Cornelsen Ejendomme ApS (CVR number: 44093340) is a company from TØNDER. The company recorded a gross profit of 91.8 kDKK in 2023. The operating profit was 19 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 26 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Cornelsen Ejendomme ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit91.79
EBIT18.96
Net earnings14.06
Shareholders equity total54.06
Balance sheet total (assets)1 631.18
Net debt412.54
Profitability
EBIT-%
ROA1.2 %
ROE26.0 %
ROI3.3 %
Economic value added (EVA)14.77
Solvency
Equity ratio3.3 %
Gearing957.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.2
Current ratio0.2
Cash and cash equivalents105.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:1.16%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.31%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-04T14:01:12.227Z

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