Kortegård Aps. — Credit Rating and Financial Key Figures

CVR number: 37648086
Granvej 23, 9000 Aalborg
steffen.kortegaard@me.com
tel: 98113606

Credit rating

Company information

Official name
Kortegård Aps.
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Kortegård Aps.

Kortegård Aps. (CVR number: 37648086) is a company from AALBORG. The company recorded a gross profit of 466.3 kDKK in 2024. The operating profit was 367.3 kDKK, while net earnings were 114.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kortegård Aps.'s liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit488.13653.01578.001 544.99466.29
EBIT488.13278.01203.001 420.99367.29
Net earnings357.74316.88123.151 170.53114.78
Shareholders equity total772.17984.061 007.212 077.742 092.52
Balance sheet total (assets)1 053.521 236.601 497.052 762.022 803.91
Net debt- 884.79- 716.14-1 343.62-2 470.51-1 828.15
Profitability
EBIT-%
ROA57.4 %36.4 %16.2 %71.3 %12.6 %
ROE60.3 %36.1 %12.4 %75.9 %5.5 %
ROI79.8 %47.4 %22.2 %98.4 %16.9 %
Economic value added (EVA)359.46180.32105.161 054.46156.21
Solvency
Equity ratio73.3 %79.6 %67.3 %75.2 %74.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.63.22.93.83.9
Current ratio3.63.22.93.83.9
Cash and cash equivalents884.79716.141 343.622 470.511 828.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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