KORAS ApS

CVR number: 28844999
Vesterbrogade 63, 1620 København V
pr@operate.dk
tel: 22248000

Credit rating

Company information

Official name
KORAS ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About KORAS ApS

KORAS ApS (CVR number: 28844999) is a company from KØBENHAVN. The company recorded a gross profit of -35.2 kDKK in 2022. The operating profit was -35.2 kDKK, while net earnings were 1949.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORAS ApS's liquidity measured by quick ratio was 53.9 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
20182019202020212022
Volume
Net sales
Gross profit-20.71-21.11-20.98-28.07-35.23
EBIT-20.71-21.11-20.98-28.07-35.23
Net earnings2 215.203 179.272 553.197 816.501 949.69
Shareholders equity total17 919.3119 677.7321 348.1327 964.6328 314.33
Balance sheet total (assets)18 320.6919 874.9321 921.3329 134.4129 452.13
Net debt-8 062.38-9 376.20-10 964.53-14 105.25-11 423.30
Profitability
EBIT-%
ROA16.2 %18.4 %13.3 %33.8 %17.7 %
ROE12.7 %16.9 %12.4 %31.7 %6.9 %
ROI16.2 %18.5 %13.4 %34.4 %18.1 %
Economic value added (EVA)318.20392.65326.45992.48369.88
Solvency
Equity ratio97.8 %99.0 %97.4 %96.0 %96.1 %
Gearing2.2 %0.0 %1.9 %1.0 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio21.352.619.851.953.9
Current ratio21.352.619.851.953.9
Cash and cash equivalents8 458.519 377.3411 360.7514 382.3811 654.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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