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JOHN KORSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29424179
Dragsbæk Fjordvej 4, 7700 Thisted
Free credit report Annual report

Company information

Official name
JOHN KORSGAARD HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About JOHN KORSGAARD HOLDING ApS

JOHN KORSGAARD HOLDING ApS (CVR number: 29424179) is a company from THISTED. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were 17.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOHN KORSGAARD HOLDING ApS's liquidity measured by quick ratio was 34.9 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 profit16.52463.24-3.89-7.58-10.50
EBIT15.10463.24-3.89-7.58-10.50
Net earnings422.79136.36110.54320.4117.39
Shareholders equity total2 463.962 589.212 699.752 870.162 887.55
Balance sheet total (assets)2 945.402 709.042 711.812 932.672 972.78
Net debt-1 747.43-2 690.74-2 687.31-2 910.54-2 897.32
Profitability
EBIT-%
ROA20.9 %19.6 %6.3 %15.4 %10.2 %
ROE18.8 %5.4 %4.2 %11.5 %0.6 %
ROI21.4 %20.5 %6.5 %15.6 %10.4 %
Economic value added (EVA)- 110.31293.50- 133.23- 141.66- 152.04
Solvency
Equity ratio83.7 %95.6 %99.6 %97.9 %97.1 %
Gearing14.9 %0.1 %0.1 %0.1 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio25.322.6224.8292.434.9
Current ratio25.322.6224.8292.434.9
Cash and cash equivalents2 115.192 692.512 689.082 912.312 929.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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