JOHN KORSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29424179
Dragsbæk Fjordvej 4, 7700 Thisted

Credit rating

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 -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 320.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 292.4 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 profit19.3216.52463.24-3.89-7.58
EBIT17.9115.10463.24-3.89-7.58
Net earnings9.64422.79136.36110.54320.41
Shareholders equity total2 041.172 463.962 589.212 699.752 870.16
Balance sheet total (assets)2 431.462 945.402 709.042 711.812 932.67
Net debt-1 189.45-1 747.43-2 690.74-2 687.31-2 910.54
Profitability
EBIT-%
ROA3.0 %20.9 %19.6 %6.3 %15.4 %
ROE0.5 %18.8 %5.4 %4.2 %11.5 %
ROI3.0 %21.4 %20.5 %6.5 %15.6 %
Economic value added (EVA)-25.67-27.03403.952.16-6.45
Solvency
Equity ratio83.9 %83.7 %95.6 %99.6 %97.9 %
Gearing19.0 %14.9 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio19.825.322.6224.8292.4
Current ratio19.825.322.6224.8292.4
Cash and cash equivalents1 577.172 115.192 692.512 689.082 912.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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