Kørlund Auto ApS — Credit Rating and Financial Key Figures

CVR number: 36946474
Rypevang 2, 3450 Allerød
tel: 48170455
www.korlund-auto.dk

Company information

Official name
Kørlund Auto ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry

About Kørlund Auto ApS

Kørlund Auto ApS (CVR number: 36946474) is a company from ALLERØD. The company recorded a gross profit of 1431 kDKK in 2023. The operating profit was 33.6 kDKK, while net earnings were 14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -11.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kørlund Auto ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit943.37993.661 448.401 103.811 431.05
EBIT- 224.62- 184.3028.45- 171.9133.59
Net earnings- 202.86- 187.1721.80- 178.9914.81
Shareholders equity total279.4392.26114.06-64.93-50.12
Balance sheet total (assets)654.40734.62635.89489.27379.04
Net debt152.03-88.9860.21162.42183.80
Profitability
EBIT-%
ROA-29.2 %-26.5 %4.2 %-28.9 %6.8 %
ROE-53.3 %-100.7 %21.1 %-59.3 %3.4 %
ROI-42.1 %-56.6 %12.5 %-74.1 %16.5 %
Economic value added (EVA)- 218.37- 197.6533.99- 121.1839.41
Solvency
Equity ratio42.7 %12.6 %17.9 %-11.7 %-11.7 %
Gearing59.3 %123.0 %70.7 %-328.3 %-385.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.60.50.2
Current ratio0.30.40.70.50.3
Cash and cash equivalents13.79202.4320.4650.779.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.83%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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