STEEN KORSBAKKE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35892079
Frank Jægers Vej 28, 8600 Silkeborg

Company information

Official name
STEEN KORSBAKKE HOLDING ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About STEEN KORSBAKKE HOLDING ApS

STEEN KORSBAKKE HOLDING ApS (CVR number: 35892079) is a company from SILKEBORG. The company reported a net sales of 8.6 mDKK in 2023, demonstrating a growth of 650 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 8.6 mDKK), while net earnings were 8545 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.3 %, which can be considered excellent and Return on Equity (ROE) was 47.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STEEN KORSBAKKE HOLDING ApS's liquidity measured by quick ratio was 56.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 377.502 003.102 917.961 152.488 643.32
Gross profit1 371.131 996.222 910.461 145.488 570.32
EBIT1 371.131 996.222 910.461 145.488 570.32
Net earnings1 312.591 942.922 861.871 104.238 544.98
Shareholders equity total7 563.699 642.4012 398.1613 727.1222 157.70
Balance sheet total (assets)10 092.9412 377.9314 967.5215 835.3723 865.49
Net debt209.00215.00221.50228.19-3 180.08
Profitability
EBIT-%99.5 %99.7 %99.7 %99.4 %99.2 %
ROA14.3 %17.8 %21.3 %7.5 %43.3 %
ROE18.6 %22.6 %26.0 %8.5 %47.6 %
ROI14.4 %18.3 %22.2 %7.7 %43.9 %
Economic value added (EVA)1 639.092 292.613 286.481 604.199 036.80
Solvency
Equity ratio74.9 %77.9 %82.8 %86.7 %92.8 %
Gearing2.8 %2.2 %1.8 %1.7 %1.1 %
Relative net indebtedness %183.6 %136.6 %88.1 %182.9 %-19.8 %
Liquidity
Quick ratio0.83.23.53.456.6
Current ratio0.83.23.53.456.6
Cash and cash equivalents3 415.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-5.3 %24.1 %19.0 %70.7 %271.2 %
Credit risk
Credit ratingAAAAAAAAAAABB

Variable visualization

ROA:43.3%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.