Korsør Hvidevare Center ApS — Credit Rating and Financial Key Figures

CVR number: 41366583
Brogade 1, 4220 Korsør

Credit rating

Company information

Official name
Korsør Hvidevare Center ApS
Personnel
3 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Korsør Hvidevare Center ApS

Korsør Hvidevare Center ApS (CVR number: 41366583) is a company from SLAGELSE. The company recorded a gross profit of 895.3 kDKK in 2023. The operating profit was -320.4 kDKK, while net earnings were -109 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Korsør Hvidevare Center ApS's liquidity measured by quick ratio was 0.1 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
2020202120222023
Volume
Net sales
Gross profit1 288.271 246.25963.60895.33
EBIT-18.86- 341.27- 368.06- 320.44
Net earnings89.6253.41-75.39- 108.95
Shareholders equity total129.62183.03107.64-1.31
Balance sheet total (assets)2 275.462 538.052 589.932 476.95
Net debt154.9298.07105.68210.67
Profitability
EBIT-%
ROA6.2 %3.9 %-1.3 %0.8 %
ROE69.1 %34.2 %-51.9 %-8.4 %
ROI12.2 %8.9 %-5.0 %6.9 %
Economic value added (EVA)-14.54- 248.11- 298.19- 280.45
Solvency
Equity ratio5.7 %7.2 %4.2 %-0.1 %
Gearing344.1 %76.8 %204.4 %-16781.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.20.1
Current ratio1.20.90.70.6
Cash and cash equivalents291.1042.55114.329.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:0.78%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.05%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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