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Korsgade ApS — Credit Rating and Financial Key Figures

CVR number: 30835824
Nørrebrogade 34, 8000 Aarhus C
kontor@camainvest.dk
tel: 70707425
www.camainvest.dk
Free credit report Annual report

Company information

Official name
Korsgade ApS
Personnel
9 persons
Established
2007
Company form
Private limited company
Industry

About Korsgade ApS

Korsgade ApS (CVR number: 30835824) is a company from AARHUS. The company recorded a gross profit of 4740 kDKK in 2025. The operating profit was 5493 kDKK, while net earnings were 4070.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Korsgade ApS's liquidity measured by quick ratio was 4 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit3 744.413 984.954 530.434 704.544 740.00
EBIT3 336.263 547.308 167.814 338.635 492.99
Net earnings917.962 516.666 068.743 089.014 070.50
Shareholders equity total16 255.7117 372.1521 267.7721 513.0525 583.55
Balance sheet total (assets)42 033.8542 795.6546 898.8246 306.3159 194.74
Net debt18 068.2517 293.0416 454.7515 385.5120 907.20
Profitability
EBIT-%
ROA7.8 %8.4 %18.3 %9.4 %10.6 %
ROE5.5 %15.0 %31.4 %14.4 %17.3 %
ROI8.1 %8.7 %18.8 %9.6 %10.9 %
Economic value added (EVA)- 102.10778.134 353.681 149.802 072.93
Solvency
Equity ratio38.7 %40.7 %45.4 %46.5 %43.2 %
Gearing111.2 %99.5 %77.4 %71.5 %91.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.40.14.0
Current ratio0.30.50.40.14.0
Cash and cash equivalents2.602 440.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
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