HP KORSGAARD ApS — Credit Rating and Financial Key Figures

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

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 4.8 kDKK in 2023. The operating profit was -295.2 kDKK, while net earnings were 1559.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.3 %, 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 26.4 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-2.34-3.23-5.60-4.954.85
EBIT- 302.34- 303.23- 305.60- 304.95- 295.15
Net earnings2 754.00-2 696.102 531.18-7 096.161 559.61
Shareholders equity total19 507.7116 701.0119 119.1811 908.6313 350.44
Balance sheet total (assets)20 256.1417 033.6219 136.5011 929.9413 870.16
Net debt-18 674.59-16 639.78-18 853.38-11 637.06-12 966.90
Profitability
EBIT-%
ROA17.6 %-1.4 %14.1 %-0.5 %12.1 %
ROE15.1 %-14.9 %14.1 %-45.7 %12.3 %
ROI17.8 %-1.4 %14.2 %-0.5 %12.3 %
Economic value added (EVA)- 247.85- 328.00- 285.62- 305.64- 303.53
Solvency
Equity ratio96.3 %98.0 %99.9 %99.8 %96.3 %
Gearing2.3 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio26.850.71 094.2554.926.4
Current ratio26.850.71 094.2554.926.4
Cash and cash equivalents19 131.1716 859.0418 853.3811 637.0612 966.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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