Korner ApS — Credit Rating and Financial Key Figures

Korner ApS (CVR number: 43728083) is a company from VARDE. The company recorded a gross profit of 433.7 kDKK in 2023. The operating profit was 1 kDKK, while net earnings were 0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Korner ApS's liquidity measured by quick ratio was 1.8 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.