KORTEGAARD Forst Export GB ApS — Credit Rating and Financial Key Figures

CVR number: 39739216
Vandmøllevej 2, 8700 Horsens
info@kortegaard.co.uk
tel: 20185329

Credit rating

Company information

Official name
KORTEGAARD Forst Export GB ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KORTEGAARD Forst Export GB ApS

KORTEGAARD Forst Export GB ApS (CVR number: 39739216) is a company from HORSENS. The company recorded a gross profit of 1302.1 kDKK in 2023. The operating profit was 254.5 kDKK, while net earnings were 300.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KORTEGAARD Forst Export GB ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 033.44775.80804.531 141.081 302.07
EBIT338.0381.50102.07374.47254.48
Net earnings323.2957.7971.22288.71300.52
Shareholders equity total70.47128.25199.48488.19788.72
Balance sheet total (assets)368.87283.00333.75821.111 371.48
Net debt-59.89-30.59- 147.55- 542.55-1 168.84
Profitability
EBIT-%
ROA91.6 %25.0 %33.1 %64.9 %36.8 %
ROE458.8 %58.2 %43.5 %84.0 %47.1 %
ROI478.1 %72.2 %52.6 %99.2 %61.6 %
Economic value added (EVA)332.1163.0574.79290.80199.70
Solvency
Equity ratio19.1 %45.3 %59.8 %59.5 %57.5 %
Gearing0.3 %20.9 %16.9 %6.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.72.32.3
Current ratio1.21.22.02.32.3
Cash and cash equivalents60.1357.41181.22576.401 168.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:36.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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