CHRISTIAN KORCH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 4 487.91 | 10 235.95 | -12 879.84 | 6 326.55 | 9 122.70 |
Shareholders equity total | 55 566.29 | 65 802.24 | 52 922.39 | 59 248.95 | 67 213.33 |
Balance sheet total (assets) | 61 080.51 | 73 841.48 | 58 829.36 | 64 998.85 | 70 915.90 |
Net debt | -56 224.87 | -65 904.61 | -48 261.04 | -55 491.87 | -67 472.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.1 % | 19.7 % | 7.3 % | 13.3 % | 17.6 % |
ROE | 8.4 % | 16.9 % | -21.7 % | 11.3 % | 14.4 % |
ROI | 10.2 % | 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 ratio | 91.0 % | 89.1 % | 90.0 % | 91.2 % | 94.8 % |
Gearing | 8.7 % | 11.5 % | 11.1 % | 9.6 % | 5.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.8 | 15.7 | 10.0 | 11.3 | 19.2 |
Current ratio | 12.8 | 15.7 | 10.0 | 11.3 | 19.2 |
Cash and cash equivalents | 61 080.51 | 73 470.62 | 54 118.26 | 61 191.08 | 70 915.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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