KORSGAARD VET HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35227644
Holbækvej 174, 4100 Ringsted

Company information

Official name
KORSGAARD VET HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About KORSGAARD VET HOLDING ApS

KORSGAARD VET HOLDING ApS (CVR number: 35227644) is a company from RINGSTED. The company recorded a gross profit of -20.5 kDKK in 2024. The operating profit was -20.5 kDKK, while net earnings were 1025.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.5 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORSGAARD VET HOLDING ApS's liquidity measured by quick ratio was 51 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.80-8.27-8.43-9.43-20.45
EBIT-7.80-8.27-8.43-9.43-20.45
Net earnings742.65719.73427.72776.561 025.94
Shareholders equity total1 732.212 395.442 765.952 692.523 561.46
Balance sheet total (assets)1 738.892 403.902 772.642 746.273 610.93
Net debt- 813.53-1 613.39-1 974.46-1 847.97-2 506.25
Profitability
EBIT-%
ROA41.4 %34.9 %21.6 %29.1 %33.5 %
ROE41.5 %34.9 %16.6 %28.5 %32.8 %
ROI41.5 %35.0 %21.7 %29.5 %34.0 %
Economic value added (EVA)- 100.82-95.27- 127.03- 146.43- 151.33
Solvency
Equity ratio99.6 %99.6 %99.8 %98.0 %98.6 %
Gearing0.1 %0.1 %0.1 %0.1 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio122.0190.8301.734.651.0
Current ratio122.0190.8301.734.651.0
Cash and cash equivalents815.211 615.071 976.141 849.472 522.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.5%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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