K/S CORO — Credit Rating and Financial Key Figures

CVR number: 31072778
Hjarbækvej 65, 8831 Løgstrup

Credit rating

Company information

Official name
K/S CORO
Established
2007
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S CORO

K/S CORO (CVR number: 31072778) is a company from VIBORG. The company recorded a gross profit of -12.4 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were -146.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S CORO's liquidity measured by quick ratio was 3.2 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 profit24.855.2357.076.37-12.40
EBIT24.855.23-92.93- 418.63-37.40
Net earnings-31.21-53.86- 157.12- 499.67- 146.26
Shareholders equity total973.15926.575 174.354 674.684 528.42
Balance sheet total (assets)2 486.162 479.016 778.296 288.275 776.57
Net debt1 442.241 500.231 446.421 355.591 204.63
Profitability
EBIT-%
ROA1.0 %0.2 %-2.0 %-6.4 %-0.6 %
ROE-3.2 %-5.7 %-5.2 %-10.1 %-3.2 %
ROI1.0 %0.2 %-2.1 %-6.6 %-0.6 %
Economic value added (EVA)-24.00-43.37- 208.14- 678.51-50.95
Solvency
Equity ratio39.1 %37.4 %76.3 %74.3 %78.4 %
Gearing148.8 %162.3 %28.0 %29.0 %26.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.42.82.83.2
Current ratio0.10.42.82.83.2
Cash and cash equivalents5.853.492.660.101.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.62%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-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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