KORSGAARD ROSENDAHL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33637934
Sdr Villavej 23, 7100 Vejle

Credit rating

Company information

Official name
KORSGAARD ROSENDAHL HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About KORSGAARD ROSENDAHL HOLDING ApS

KORSGAARD ROSENDAHL HOLDING ApS (CVR number: 33637934) is a company from VEJLE. The company recorded a gross profit of -18.7 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -18.7 kDKK, while net earnings were 105.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORSGAARD ROSENDAHL HOLDING ApS's liquidity measured by quick ratio was 658.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales329.651 376.52700.2917.52
Gross profit318.091 361.43689.333.99-18.73
EBIT318.091 361.43689.333.99-18.73
Net earnings449.021 424.14862.33- 167.77105.28
Shareholders equity total2 036.073 135.223 132.552 364.782 055.06
Balance sheet total (assets)2 058.513 144.403 174.652 367.902 058.19
Net debt-1 473.65-1 508.01-2 187.97-2 292.39-2 006.45
Profitability
EBIT-%96.5 %98.9 %98.4 %22.8 %
ROA24.4 %55.4 %29.0 %4.0 %6.1 %
ROE22.9 %55.1 %27.5 %-6.1 %4.8 %
ROI24.7 %55.7 %29.2 %4.0 %6.1 %
Economic value added (EVA)315.521 370.83729.0646.56-18.24
Solvency
Equity ratio98.9 %99.7 %98.7 %99.9 %99.8 %
Gearing
Relative net indebtedness %-440.2 %-108.9 %-306.4 %-13063.6 %
Liquidity
Quick ratio65.7164.352.0757.7658.6
Current ratio65.7164.352.0757.7658.6
Cash and cash equivalents1 473.651 508.012 187.972 292.392 006.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %77.0 %17.2 %95.4 %6479.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.11%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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