KORUNDVEJ 14 ApS — Credit Rating and Financial Key Figures

CVR number: 66619915
Emil Bojsens Gade 84, 8700 Horsens
holding14aps@gmail.com
tel: 31265525

Company information

Official name
KORUNDVEJ 14 ApS
Personnel
1 person
Established
1981
Company form
Private limited company
Industry

About KORUNDVEJ 14 ApS

KORUNDVEJ 14 ApS (CVR number: 66619915) is a company from HORSENS. The company recorded a gross profit of 93 kDKK in 2023. The operating profit was -620.9 kDKK, while net earnings were 2277.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORUNDVEJ 14 ApS's liquidity measured by quick ratio was 77.3 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 profit-40.56-20.6256.31-14.6893.04
EBIT-40.56-20.62- 266.61-84.83- 620.94
Net earnings1 990.1190.913 086.4413.892 277.40
Shareholders equity total28 587.9228 278.8330 865.2829 679.1731 897.67
Balance sheet total (assets)29 179.4228 628.6234 360.3632 407.4832 840.35
Net debt-15 695.96-14 091.54-12 135.78-9 080.51-11 753.12
Profitability
EBIT-%
ROA9.3 %5.5 %13.0 %6.3 %8.7 %
ROE7.1 %0.3 %10.4 %0.0 %7.4 %
ROI9.4 %5.5 %13.2 %6.4 %8.7 %
Economic value added (EVA)- 292.81- 236.59- 403.30- 434.20- 836.20
Solvency
Equity ratio98.0 %98.8 %89.8 %91.6 %97.1 %
Gearing0.0 %7.0 %7.0 %
Relative net indebtedness %
Liquidity
Quick ratio50.1291.321.0138.977.3
Current ratio50.1291.321.0138.977.3
Cash and cash equivalents15 707.9614 091.5414 300.6611 148.4811 753.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:8.65%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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