KORRE HOLDING APS — Credit Rating and Financial Key Figures

CVR number: 39508036
Gersonsvej 55, 2900 Hellerup

Company information

Official name
KORRE HOLDING APS
Established
2018
Company form
Private limited company
Industry

About KORRE HOLDING APS

KORRE HOLDING APS (CVR number: 39508036) is a company from GENTOFTE. The company recorded a gross profit of -133.6 kDKK in 2023. The operating profit was -133.6 kDKK, while net earnings were 3006.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORRE HOLDING APS's liquidity measured by quick ratio was 62.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.88-36.13-70.97- 139.25- 133.64
EBIT-13.88-36.13-70.97- 139.25- 133.64
Net earnings-41.05-64.4357 206.721 558.923 006.20
Shareholders equity total-28.71-93.1454 148.5855 707.4958 713.69
Balance sheet total (assets)682.9115 520.2554 266.9555 840.4659 153.58
Net debt-36.41-1.75-21 523.90-23 406.89-27 222.58
Profitability
EBIT-%
ROA-2.0 %-0.4 %174.0 %3.6 %6.7 %
ROE-11.8 %-0.8 %164.2 %2.8 %5.3 %
ROI-224.9 %224.2 %3.6 %6.7 %
Economic value added (EVA)-11.97-32.85-67.28-1 893.19-1 727.42
Solvency
Equity ratio-4.0 %-0.6 %99.8 %99.8 %99.3 %
Gearing0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.0191.4181.762.4
Current ratio0.10.0191.4181.762.4
Cash and cash equivalents36.411.7521 625.7723 406.8927 330.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:6.70%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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