KORSØR FLYTTEFORRETNING A/S — Credit Rating and Financial Key Figures

CVR number: 26097363
Tårnborgvej 140, 4220 Korsør

Credit rating

Company information

Official name
KORSØR FLYTTEFORRETNING A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About KORSØR FLYTTEFORRETNING A/S

KORSØR FLYTTEFORRETNING A/S (CVR number: 26097363) is a company from SLAGELSE. The company recorded a gross profit of 212.6 kDKK in 2023. The operating profit was 27.6 kDKK, while net earnings were 184.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORSØR FLYTTEFORRETNING A/S's liquidity measured by quick ratio was 13 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 profit464.84446.43437.56259.32212.63
EBIT181.32199.53199.6376.8527.60
Net earnings243.66229.64259.07- 100.67184.34
Shareholders equity total2 056.852 231.192 433.762 275.892 401.33
Balance sheet total (assets)2 238.032 444.842 623.692 398.412 535.57
Net debt-1 254.36-1 529.69-1 004.74-1 482.89-1 735.21
Profitability
EBIT-%
ROA13.9 %13.7 %13.6 %3.1 %9.9 %
ROE12.4 %10.7 %11.1 %-4.3 %7.9 %
ROI15.2 %15.0 %14.7 %3.3 %10.5 %
Economic value added (EVA)103.07113.13118.30-9.53-18.67
Solvency
Equity ratio91.9 %91.3 %92.8 %94.9 %94.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.07.39.612.813.0
Current ratio7.07.39.613.013.1
Cash and cash equivalents1 254.361 529.691 004.741 482.891 735.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.92%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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