KORSBJERG TRANSPORT A/S — Credit Rating and Financial Key Figures

CVR number: 35512225
Vrøndingvej 3 B, 8700 Horsens

Company information

Official name
KORSBJERG TRANSPORT A/S
Personnel
17 persons
Established
2013
Company form
Limited company
Industry

About KORSBJERG TRANSPORT A/S

KORSBJERG TRANSPORT A/S (CVR number: 35512225) is a company from HORSENS. The company recorded a gross profit of 9425.7 kDKK in 2023. The operating profit was 358.2 kDKK, while net earnings were 329.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. KORSBJERG TRANSPORT A/S's liquidity measured by quick ratio was 1.9 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 profit6 226.5713 338.249 523.099 425.66
EBIT407.51567.32249.24358.24
Net earnings317.26511.30236.53329.66
Shareholders equity total2 252.362 763.653 000.193 329.85
Balance sheet total (assets)7 094.06525.977 818.476 496.297 256.38
Net debt-97.42-1 563.04-0.56-1 536.91
Profitability
EBIT-%
ROA6.4 %17.2 %5.0 %6.9 %
ROE12.2 %37.0 %8.2 %10.4 %
ROI10.1 %26.7 %7.1 %9.2 %
Economic value added (EVA)252.07-82.78471.68151.86151.56
Solvency
Equity ratio31.7 %35.3 %46.2 %45.9 %
Gearing22.5 %14.9 %12.1 %10.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.42.11.9
Current ratio1.11.42.11.9
Cash and cash equivalents604.91525.971 976.08364.151 869.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:6.88%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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