Korskildevej 10 Aps — Credit Rating and Financial Key Figures

CVR number: 40789782
Sanddalparken 9, Sanddal 7000 Fredericia
rk@norcap.dk
tel: 40198681

Company information

Official name
Korskildevej 10 Aps
Established
2019
Domicile
Sanddal
Company form
Private limited company
Industry

About Korskildevej 10 Aps

Korskildevej 10 Aps (CVR number: 40789782) is a company from FREDERICIA. The company recorded a gross profit of 790.4 kDKK in 2024. The operating profit was 790.4 kDKK, while net earnings were 522.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. Korskildevej 10 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit38.06589.58759.68780.74790.36
EBIT4 772.70589.58759.68780.74790.36
Net earnings3 514.72129.00472.19493.04522.23
Shareholders equity total3 457.823 586.824 059.014 552.065 074.28
Balance sheet total (assets)15 263.2615 614.0115 412.4015 065.5815 159.68
Net debt10 445.4710 018.289 442.198 948.178 335.60
Profitability
EBIT-%
ROA49.9 %3.8 %4.9 %5.1 %5.2 %
ROE96.8 %3.7 %12.4 %11.5 %10.9 %
ROI50.1 %3.8 %5.0 %5.2 %5.3 %
Economic value added (EVA)3 554.70- 375.05- 173.87- 142.09- 116.93
Solvency
Equity ratio22.7 %23.2 %26.5 %30.4 %33.8 %
Gearing308.5 %296.4 %242.8 %197.9 %167.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.20.10.2
Current ratio0.00.30.20.10.1
Cash and cash equivalents221.96614.01412.4062.01159.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:5.23%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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