Korshoej ApS

CVR number: 36956054
Glerupvej 142, Korup 9560 Hadsund

Credit rating

Company information

Official name
Korshoej ApS
Established
2015
Domicile
Korup
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About the company

Korshoej ApS (CVR number: 36956054) is a company from REBILD. The company recorded a gross profit of 2837.1 kDKK in 2023. The operating profit was 19.1 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 6.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Korshoej ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 450.322 238.122 460.872 598.582 837.06
EBIT165.4913.332.432.2319.06
Net earnings128.049.441.190.721.69
Shareholders equity total98.2367.6768.8669.5871.26
Balance sheet total (assets)781.001 032.451 010.57943.641 077.06
Net debt105.37- 135.83236.39205.56314.37
Profitability
EBIT-%
ROA21.2 %1.5 %0.2 %0.2 %2.3 %
ROE30.2 %11.4 %1.7 %1.0 %2.4 %
ROI122.1 %6.4 %0.9 %0.8 %6.9 %
Economic value added (EVA)132.795.4313.28-1.2316.53
Solvency
Equity ratio12.6 %6.6 %6.8 %7.4 %6.6 %
Gearing107.3 %218.4 %343.3 %323.0 %441.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.11.11.1
Current ratio1.21.11.11.11.1
Cash and cash equivalents283.6319.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBCBB

Variable visualization

ROA:2.33%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.62%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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