CHRISTIAN KORCH A/S — Credit Rating and Financial Key Figures

CVR number: 13215944
Slotsvænget 39, 3400 Hillerød

Credit rating

Company information

Official name
CHRISTIAN KORCH A/S
Established
1989
Company form
Limited company
Industry

About CHRISTIAN KORCH A/S

CHRISTIAN KORCH A/S (CVR number: 13215944) is a company from HILLERØD. The company recorded a gross profit of -279.2 kDKK in 2024. The operating profit was -279.2 kDKK, while net earnings were 9122.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHRISTIAN KORCH A/S's liquidity measured by quick ratio was 19.2 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- 124.95- 118.05- 108.48- 255.83- 279.22
EBIT- 124.95- 118.05- 108.48- 255.83- 279.22
Net earnings4 487.9110 235.95-12 879.846 326.559 122.70
Shareholders equity total55 566.2965 802.2452 922.3959 248.9567 213.33
Balance sheet total (assets)61 080.5173 841.4858 829.3664 998.8570 915.90
Net debt-56 224.87-65 904.61-48 261.04-55 491.87-67 472.93
Profitability
EBIT-%
ROA10.1 %19.7 %7.3 %13.3 %17.6 %
ROE8.4 %16.9 %-21.7 %11.3 %14.4 %
ROI10.2 %19.8 %7.4 %13.4 %17.6 %
Economic value added (EVA)-2 882.92-3 128.27-3 771.38-3 153.39-3 481.43
Solvency
Equity ratio91.0 %89.1 %90.0 %91.2 %94.8 %
Gearing8.7 %11.5 %11.1 %9.6 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio12.815.710.011.319.2
Current ratio12.815.710.011.319.2
Cash and cash equivalents61 080.5173 470.6254 118.2661 191.0870 915.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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