KORN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORN A/S
KORN A/S (CVR number: 44327279) is a company from AARHUS. The company recorded a gross profit of -89.9 kDKK in 2024. The operating profit was -89.9 kDKK, while net earnings were 4647.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORN A/S's liquidity measured by quick ratio was 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -89.88 | |
EBIT | -89.88 | |
Net earnings | 20 310.97 | 4 647.27 |
Shareholders equity total | 73 322.72 | 64 941.36 |
Balance sheet total (assets) | 73 488.77 | 73 217.45 |
Net debt | -27 307.72 | -11 826.23 |
Profitability | ||
EBIT-% | ||
ROA | 29.8 % | 18.4 % |
ROE | 27.7 % | 6.7 % |
ROI | 29.8 % | 19.0 % |
Economic value added (EVA) | - 843.82 | |
Solvency | ||
Equity ratio | 99.8 % | 88.7 % |
Gearing | 6.0 % | |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 173.4 | 3.0 |
Current ratio | 173.4 | 3.0 |
Cash and cash equivalents | 27 307.72 | 15 721.54 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | A | A |
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