KORN A/S — Credit Rating and Financial Key Figures

CVR number: 44327279
Strandvejen 36, 8000 Aarhus C

Credit rating

Company information

Official name
KORN A/S
Established
2023
Company form
Limited company
Industry
  • Expand more icon642120

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit-89.88
EBIT-89.88
Net earnings20 310.974 647.27
Shareholders equity total73 322.7264 941.36
Balance sheet total (assets)73 488.7773 217.45
Net debt-27 307.72-11 826.23
Profitability
EBIT-%
ROA29.8 %18.4 %
ROE27.7 %6.7 %
ROI29.8 %19.0 %
Economic value added (EVA)- 843.82
Solvency
Equity ratio99.8 %88.7 %
Gearing6.0 %
Relative net indebtedness %
Liquidity
Quick ratio173.43.0
Current ratio173.43.0
Cash and cash equivalents27 307.7215 721.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.7%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

Companies in the same industry

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