KORSGAARD INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 29195099
Ellehammersvej 15 B, 9430 Vadum
lonekorsgaard@sol.dk
tel: 61556200

Credit rating

Company information

Official name
KORSGAARD INVEST ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About KORSGAARD INVEST ApS

KORSGAARD INVEST ApS (CVR number: 29195099) is a company from AALBORG. The company recorded a gross profit of 464.8 kDKK in 2024. The operating profit was 367.4 kDKK, while net earnings were 321.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -18.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KORSGAARD INVEST ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19.6342.4424.178.34464.83
EBIT-75.81-25.93-29.12-54.25367.44
Net earnings-85.03-37.58-29.21-70.73321.66
Shareholders equity total- 563.38- 600.96- 630.18- 700.90- 379.25
Balance sheet total (assets)15.540.720.04703.101 626.82
Net debt548.76586.75609.831 381.651 967.06
Profitability
EBIT-%
ROA-8.0 %-6.3 %-4.7 %-5.3 %21.6 %
ROE-547.1 %-462.1 %-7626.6 %-20.1 %27.6 %
ROI-8.2 %-6.5 %-4.9 %-5.4 %21.9 %
Economic value added (EVA)-75.81-25.41-28.44-53.23333.23
Solvency
Equity ratio-97.3 %-99.9 %-100.0 %-49.9 %-18.9 %
Gearing-98.2 %-97.8 %-96.8 %-197.1 %-518.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents4.360.720.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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