KORGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31369266
Ørndrupvej 40, Karby 7960 Karby
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Credit rating

Company information

Official name
KORGAARD HOLDING ApS
Established
2008
Domicile
Karby
Company form
Private limited company
Industry

About KORGAARD HOLDING ApS

KORGAARD HOLDING ApS (CVR number: 31369266) is a company from MORSØ. The company recorded a gross profit of -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were -3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORGAARD HOLDING ApS's liquidity measured by quick ratio was 30.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.29-6.41-7.56-9.98-9.05
EBIT-6.29-6.41-7.56-9.98-9.05
Net earnings164.50-73.33-22.071.74-3.53
Shareholders equity total1 692.271 618.931 539.661 482.501 417.97
Balance sheet total (assets)2 382.611 639.841 610.501 616.221 457.04
Net debt684.34-1 624.93-1 370.66-1 324.19-1 174.07
Profitability
EBIT-%
ROA8.3 %-0.3 %-0.5 %0.4 %-0.0 %
ROE10.2 %-4.4 %-1.4 %0.1 %-0.2 %
ROI8.3 %-0.3 %-0.5 %0.4 %-0.0 %
Economic value added (EVA)- 118.30- 125.83-89.66-90.60-89.96
Solvency
Equity ratio71.0 %98.7 %95.6 %91.7 %97.3 %
Gearing40.4 %0.9 %4.2 %8.6 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio78.422.712.130.9
Current ratio78.422.712.130.9
Cash and cash equivalents1 639.841 435.501 451.911 207.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.01%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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