KORTERMANN-IT ApS — Credit Rating and Financial Key Figures

CVR number: 29794200
Englandsvej 8, Tved 5700 Svendborg
tel: 70300330
www.kortermann-it.dk

Credit rating

Company information

Official name
KORTERMANN-IT ApS
Personnel
19 persons
Established
2006
Domicile
Tved
Company form
Private limited company
Industry
  • Expand more icon465000

About KORTERMANN-IT ApS

KORTERMANN-IT ApS (CVR number: 29794200) is a company from SVENDBORG. The company recorded a gross profit of 8092 kDKK in 2023. The operating profit was 791.2 kDKK, while net earnings were 330.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. KORTERMANN-IT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit6 201.836 760.327 719.567 974.068 092.03
EBIT- 128.271 005.491 154.35922.63791.23
Net earnings-1 403.1555.42676.49370.05330.07
Shareholders equity total-42.0213.40689.891 059.951 390.02
Balance sheet total (assets)13 133.9415 406.4913 107.7911 681.9012 148.69
Net debt4 351.4710 192.998 121.337 227.588 095.76
Profitability
EBIT-%
ROA0.1 %7.2 %8.7 %7.6 %7.7 %
ROE-19.4 %0.8 %192.4 %42.3 %26.9 %
ROI0.0 %12.1 %12.4 %10.9 %10.2 %
Economic value added (EVA)- 303.99655.06818.09647.20492.78
Solvency
Equity ratio-0.3 %37.5 %34.3 %44.1 %54.0 %
Gearing-10435.4 %76486.6 %1185.4 %687.4 %587.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.30.50.7
Current ratio1.21.31.11.61.9
Cash and cash equivalents33.0558.5156.5858.5276.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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