KORVIG EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 21802433
Sdr. Ringvej 44, 6000 Kolding

Company information

Official name
KORVIG EJENDOMME ApS
Established
1999
Company form
Private limited company
Industry

About KORVIG EJENDOMME ApS

KORVIG EJENDOMME ApS (CVR number: 21802433) is a company from KOLDING. The company recorded a gross profit of 1945.3 kDKK in 2024. The operating profit was 1462.1 kDKK, while net earnings were 777 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. KORVIG EJENDOMME ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 041.181 173.111 638.821 513.451 945.34
EBIT526.73658.661 124.371 030.161 462.06
Net earnings103.74213.56514.30422.90777.03
Shareholders equity total8 790.979 004.549 518.849 941.7410 718.76
Balance sheet total (assets)22 265.7021 694.3421 373.6421 007.1920 397.45
Net debt10 247.359 702.618 582.947 628.245 850.45
Profitability
EBIT-%
ROA2.3 %3.0 %5.2 %4.9 %7.1 %
ROE1.2 %2.4 %5.6 %4.3 %7.5 %
ROI2.4 %3.1 %5.4 %5.1 %7.4 %
Economic value added (EVA)- 728.11- 593.56- 332.70- 386.17-11.37
Solvency
Equity ratio39.5 %41.6 %44.5 %47.3 %52.5 %
Gearing117.7 %107.9 %91.6 %78.1 %56.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents98.9213.17136.25139.03171.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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