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

About KORSØR FLYTTEFORRETNING A/S

KORSØR FLYTTEFORRETNING A/S (CVR number: 26097363) is a company from SLAGELSE. The company recorded a gross profit of 414.8 kDKK in 2024. The operating profit was 171.4 kDKK, while net earnings were 196.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.2 %, 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 12.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit446.43437.56259.32212.63414.83
EBIT199.53199.6376.8527.60171.40
Net earnings229.64259.07- 100.67184.34196.63
Shareholders equity total2 231.192 433.762 275.892 401.332 536.96
Balance sheet total (assets)2 444.842 623.692 398.412 535.572 693.42
Net debt-1 529.69-1 004.74-1 482.89-1 735.21-1 930.02
Profitability
EBIT-%
ROA13.7 %13.6 %3.1 %9.9 %10.1 %
ROE10.7 %11.1 %-4.3 %7.9 %8.0 %
ROI15.0 %14.7 %3.3 %10.5 %10.7 %
Economic value added (EVA)50.1041.43-60.02-93.1910.91
Solvency
Equity ratio91.3 %92.8 %94.9 %94.7 %94.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.39.612.813.012.4
Current ratio7.39.613.013.112.5
Cash and cash equivalents1 529.691 004.741 482.891 735.211 930.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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