RUTH CHRISTIANSEN KORINTH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32144144
Sybillesvej 38, 5600 Faaborg

Credit rating

Company information

Official name
RUTH CHRISTIANSEN KORINTH HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About RUTH CHRISTIANSEN KORINTH HOLDING ApS

RUTH CHRISTIANSEN KORINTH HOLDING ApS (CVR number: 32144144) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -17.7 kDKK in 2024. The operating profit was -17.7 kDKK, while net earnings were 789.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 78.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45 %, 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. RUTH CHRISTIANSEN KORINTH HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.56-10.75-19.54-15.86-17.68
EBIT-9.56-10.75-19.54-15.86-17.68
Net earnings17.27-89.51- 160.91341.21789.91
Shareholders equity total-4.26-93.77329.44670.651 338.56
Balance sheet total (assets)2 021.202 165.722 970.033 067.992 974.57
Net debt1 849.512 087.972 564.132 312.851 541.94
Profitability
EBIT-%
ROA5.3 %-0.5 %-0.7 %13.8 %27.6 %
ROE0.9 %-4.3 %-12.9 %68.2 %78.6 %
ROI5.8 %-0.5 %-0.8 %14.1 %28.4 %
Economic value added (EVA)-6.8717.2514.77113.8994.71
Solvency
Equity ratio-0.2 %-4.2 %11.1 %21.9 %45.0 %
Gearing-43415.8 %-2226.7 %782.2 %345.7 %115.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.10.10.1
Current ratio0.30.40.10.10.1
Cash and cash equivalents12.785.600.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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