HP KORSGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 26880963
Brendgårdvej 19, Ydby 7760 Hurup Thy
high5@email.dk
tel: 97956355
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Company information

Official name
HP KORSGAARD ApS
Personnel
1 person
Established
2002
Domicile
Ydby
Company form
Private limited company
Industry

About HP KORSGAARD ApS

HP KORSGAARD ApS (CVR number: 26880963) is a company from THISTED. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -305 kDKK, while net earnings were 1536.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HP KORSGAARD ApS's liquidity measured by quick ratio was 1361.5 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-3.23-5.60-4.954.85-5.00
EBIT- 303.23- 305.60- 304.95- 295.15- 305.00
Net earnings-2 696.102 531.18-7 096.161 559.611 536.14
Shareholders equity total16 701.0119 119.1811 908.6313 350.4414 694.58
Balance sheet total (assets)17 033.6219 136.5011 929.9413 870.1614 705.22
Net debt-16 639.78-18 853.38-11 637.06-12 966.90-13 439.97
Profitability
EBIT-%
ROA-1.4 %14.1 %-0.5 %12.1 %10.8 %
ROE-14.9 %14.1 %-45.7 %12.3 %11.0 %
ROI-1.4 %14.2 %-0.5 %12.3 %11.0 %
Economic value added (EVA)-1 325.21-1 152.99-1 266.68- 893.56- 975.86
Solvency
Equity ratio98.0 %99.9 %99.8 %96.3 %99.9 %
Gearing1.3 %
Relative net indebtedness %
Liquidity
Quick ratio50.71 094.2554.926.41 361.5
Current ratio50.71 094.2554.926.41 361.5
Cash and cash equivalents16 859.0418 853.3811 637.0612 966.9013 439.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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