JACOB KORSGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 29244480
Klapskovvej 15, Tinning 8382 Hinnerup

Credit rating

Company information

Official name
JACOB KORSGAARD ApS
Established
2006
Domicile
Tinning
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About JACOB KORSGAARD ApS

JACOB KORSGAARD ApS (CVR number: 29244480) is a company from FAVRSKOV. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were 289.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JACOB KORSGAARD ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-5.63-22.13-29.75-11.00-16.66
EBIT-5.63-22.13-29.75-11.00-16.66
Net earnings162.95757.6835.72994.77289.72
Shareholders equity total252.451 010.14932.864 565.424 834.37
Balance sheet total (assets)634.301 163.29956.904 734.065 097.18
Net debt-0.00-0.00-5.66-33.60-31.34
Profitability
EBIT-%
ROA42.8 %85.5 %3.3 %35.0 %6.0 %
ROE129.0 %120.0 %3.7 %36.2 %6.2 %
ROI129.0 %121.8 %3.6 %36.2 %6.3 %
Economic value added (EVA)2.00-4.8619.3025.34205.42
Solvency
Equity ratio39.8 %86.8 %97.5 %96.4 %94.8 %
Gearing0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.31.11.01.0
Current ratio0.80.31.11.01.0
Cash and cash equivalents0.000.0011.8333.6031.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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