KORTBAEK ENERGY INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 30987276
Klostermarken 44, 9000 Aalborg

Credit rating

Company information

Official name
KORTBAEK ENERGY INVEST ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KORTBAEK ENERGY INVEST ApS

KORTBAEK ENERGY INVEST ApS (CVR number: 30987276) is a company from AALBORG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -66.9 % compared to the previous year. The operating profit percentage was at 112.4 % (EBIT: 0.6 mDKK), while net earnings were 421.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORTBAEK ENERGY INVEST ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales910.42370.89431.851 514.55501.03
Gross profit887.70349.27402.581 481.37562.98
EBIT878.69335.47401.581 471.37562.98
Net earnings668.44249.52434.901 145.51421.27
Shareholders equity total3 375.303 608.994 042.835 188.505 618.94
Balance sheet total (assets)5 225.925 379.366 020.657 819.296 808.56
Net debt812.28568.01817.431 480.42279.48
Profitability
EBIT-%96.5 %90.4 %93.0 %97.1 %112.4 %
ROA19.6 %6.9 %7.6 %21.8 %8.0 %
ROE22.0 %7.1 %11.4 %24.8 %7.8 %
ROI19.8 %7.1 %8.0 %23.0 %8.3 %
Economic value added (EVA)715.82348.07410.361 161.84470.43
Solvency
Equity ratio64.6 %67.1 %67.1 %66.4 %82.5 %
Gearing24.9 %16.4 %22.2 %29.0 %5.4 %
Relative net indebtedness %93.2 %234.8 %259.5 %123.0 %93.0 %
Liquidity
Quick ratio1.21.41.11.21.3
Current ratio1.52.92.11.94.2
Cash and cash equivalents28.0924.3178.2323.4521.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %46.1 %455.0 %317.5 %110.8 %310.4 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:8.02%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.5%
Rating: 62/100
-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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