Korf Cars ApS — Credit Rating and Financial Key Figures

CVR number: 25374762
Farum Hovedgade 52, 3520 Farum
info@korfejendomme.dk
tel: 51606013
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Company information

Official name
Korf Cars ApS
Established
2013
Company form
Private limited company
Industry

About Korf Cars ApS

Korf Cars ApS (CVR number: 25374762) is a company from FURESØ. The company recorded a gross profit of -3.1 kDKK in 2024. The operating profit was -3.1 kDKK, while net earnings were -0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Korf Cars ApS's liquidity measured by quick ratio was 1.6 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 profit-4.56-2.50-3.47-1.53-3.13
EBIT-4.56-2.50-3.47-1.53-3.13
Net earnings-3.55-2.06-3.29-0.24-0.89
Shareholders equity total48.1646.1042.8142.5741.68
Balance sheet total (assets)120.86117.79114.50114.27113.38
Net debt-49.15-47.52-43.30-42.99-41.85
Profitability
EBIT-%
ROA-3.7 %-2.1 %-3.0 %-0.3 %-1.0 %
ROE-7.1 %-4.4 %-7.4 %-0.6 %-2.1 %
ROI-3.8 %-2.1 %-3.0 %-0.3 %-1.0 %
Economic value added (EVA)-10.75-8.47-9.29-7.18-8.85
Solvency
Equity ratio39.8 %39.1 %37.4 %36.7 %36.2 %
Gearing146.8 %151.2 %162.8 %163.7 %167.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.61.61.61.6
Current ratio1.71.61.61.61.6
Cash and cash equivalents119.85117.21113.00112.69111.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.00%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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