KORREBORGS EFTF. ApS — Credit Rating and Financial Key Figures

CVR number: 27729363
Logevej 4, Harridslev 8930 Randers NØ
tel: 86427022

Credit rating

Company information

Official name
KORREBORGS EFTF. ApS
Personnel
11 persons
Established
2004
Domicile
Harridslev
Company form
Private limited company
Industry

About KORREBORGS EFTF. ApS

KORREBORGS EFTF. ApS (CVR number: 27729363) is a company from RANDERS. The company recorded a gross profit of 6316.3 kDKK in 2023. The operating profit was 1040.3 kDKK, while net earnings were 825.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 84 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. KORREBORGS EFTF. ApS's liquidity measured by quick ratio was 1.8 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 profit6 278.795 850.165 604.314 112.206 316.34
EBIT192.87882.48511.65- 503.101 040.30
Net earnings30.36567.38335.62- 488.27825.42
Shareholders equity total155.36722.731 058.36570.091 395.50
Balance sheet total (assets)4 648.513 267.183 047.373 107.142 530.84
Net debt1 522.66- 397.04- 147.6578.77- 355.49
Profitability
EBIT-%
ROA2.6 %22.3 %16.2 %-15.9 %36.9 %
ROE4.2 %129.2 %37.7 %-60.0 %84.0 %
ROI5.6 %73.5 %56.7 %-56.5 %101.7 %
Economic value added (EVA)99.52679.85381.58- 515.82878.74
Solvency
Equity ratio3.3 %22.1 %34.7 %18.3 %55.1 %
Gearing980.2 %13.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.01.10.91.8
Current ratio0.71.21.41.22.2
Cash and cash equivalents0.08397.04147.650.08355.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:36.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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