KORSØR HANDEL & TRANSPORT ApS — Credit Rating and Financial Key Figures

CVR number: 16987514
Norvangen 3 D, 4220 Korsør
tel: 58350550

Credit rating

Company information

Official name
KORSØR HANDEL & TRANSPORT ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About KORSØR HANDEL & TRANSPORT ApS

KORSØR HANDEL & TRANSPORT ApS (CVR number: 16987514) is a company from SLAGELSE. The company recorded a gross profit of 821.1 kDKK in 2023. The operating profit was 108.2 kDKK, while net earnings were 76.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. KORSØR HANDEL & TRANSPORT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit534.65452.23487.91848.25821.05
EBIT14.81- 104.87-81.32297.88108.21
Net earnings20.13- 107.53-89.69284.9176.83
Shareholders equity total748.03640.50550.81835.72862.55
Balance sheet total (assets)990.281 250.951 327.362 980.902 689.82
Net debt-54.70-12.14-44.82- 232.55- 305.04
Profitability
EBIT-%
ROA2.1 %-9.1 %-6.3 %13.9 %4.1 %
ROE2.7 %-15.5 %-15.1 %41.1 %9.0 %
ROI2.8 %-14.3 %-13.3 %25.4 %6.7 %
Economic value added (EVA)-21.61- 139.71- 111.35272.4677.90
Solvency
Equity ratio75.5 %51.2 %41.5 %28.0 %32.1 %
Gearing4.8 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.00.90.90.80.7
Current ratio3.00.90.90.80.7
Cash and cash equivalents54.7043.0144.82232.55321.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.10%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-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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