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

About KORSØR HANDEL & TRANSPORT ApS

KORSØR HANDEL & TRANSPORT ApS (CVR number: 16987514) is a company from SLAGELSE. The company recorded a gross profit of 573.8 kDKK in 2024. The operating profit was -267.6 kDKK, while net earnings were -378.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -54.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KORSØR HANDEL & TRANSPORT ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit452.23487.91848.25892.60573.76
EBIT- 104.87-81.32297.88133.22- 267.64
Net earnings- 107.53-89.69284.9188.00- 378.42
Shareholders equity total640.50550.81835.72934.19455.77
Balance sheet total (assets)1 250.951 327.362 980.902 965.142 283.01
Net debt-12.14-44.82- 232.55-26.831 596.81
Profitability
EBIT-%
ROA-9.1 %-6.3 %13.9 %4.8 %-10.0 %
ROE-15.5 %-15.1 %41.1 %9.9 %-54.5 %
ROI-14.3 %-13.3 %25.4 %7.2 %-12.3 %
Economic value added (EVA)- 139.71- 111.35272.46102.91- 300.94
Solvency
Equity ratio51.2 %41.5 %28.0 %31.5 %20.0 %
Gearing4.8 %31.5 %370.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.80.70.4
Current ratio0.90.90.80.70.4
Cash and cash equivalents43.0144.82232.55321.5291.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.0%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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