ERIK KORSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30695631
Thulevej 14, 9210 Aalborg SØ

Company information

Official name
ERIK KORSGAARD HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About ERIK KORSGAARD HOLDING ApS

ERIK KORSGAARD HOLDING ApS (CVR number: 30695631) is a company from AALBORG. The company recorded a gross profit of -2.1 kDKK in 2022. The operating profit was -2.1 kDKK, while net earnings were 469.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.4 %, which can be considered excellent and Return on Equity (ROE) was 82.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK KORSGAARD HOLDING ApS's liquidity measured by quick ratio was 33.3 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-2.00-2.00-2.00-2.00-2.13
EBIT-2.00-2.00-2.00-2.00-2.13
Net earnings37.4357.8435.0529.79469.69
Shareholders equity total403.90407.74387.49360.77775.46
Balance sheet total (assets)405.90409.74389.49362.77777.46
Net debt
Profitability
EBIT-%
ROA9.0 %14.2 %8.8 %7.9 %82.4 %
ROE9.1 %14.3 %8.8 %8.0 %82.7 %
ROI9.1 %14.3 %8.8 %8.0 %82.7 %
Economic value added (EVA)1.540.490.510.860.91
Solvency
Equity ratio99.5 %99.5 %99.5 %99.4 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio74.074.868.060.433.3
Current ratio74.074.868.060.433.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:82.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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