KORINTH ENTREPRENØRFIRMA A/S

CVR number: 18261634
Hågerupvej 35, 5600 Faaborg
tel: 62641185

Credit rating

Company information

Official name
KORINTH ENTREPRENØRFIRMA A/S
Personnel
27 persons
Established
1995
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About KORINTH ENTREPRENØRFIRMA A/S

KORINTH ENTREPRENØRFIRMA A/S (CVR number: 18261634) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 2104.6 kDKK, while net earnings were 1440.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KORINTH ENTREPRENØRFIRMA A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit11 880.9214 605.8314 730.0216 887.2515 357.91
EBIT1 779.493 093.753 166.284 247.072 104.55
Net earnings1 371.202 396.622 459.623 209.961 440.13
Shareholders equity total4 969.946 916.566 876.187 586.145 826.26
Balance sheet total (assets)12 420.8714 709.0512 898.6521 163.5620 222.33
Net debt1 773.34-1 441.82508.895 003.907 496.48
Profitability
EBIT-%
ROA13.9 %23.0 %23.2 %25.1 %10.3 %
ROE24.8 %40.3 %35.7 %44.4 %21.5 %
ROI20.1 %34.0 %33.8 %33.7 %13.6 %
Economic value added (EVA)1 169.552 203.782 208.553 043.951 044.97
Solvency
Equity ratio40.0 %47.0 %53.3 %35.8 %28.8 %
Gearing53.2 %9.4 %22.3 %77.7 %131.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.01.00.90.6
Current ratio0.81.01.01.00.7
Cash and cash equivalents869.962 094.881 022.39890.99147.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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