Korkproppen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Korkproppen ApS
Korkproppen ApS (CVR number: 42219436) is a company from MIDDELFART. The company recorded a gross profit of -0.6 kDKK in 2024. The operating profit was -0.6 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Korkproppen ApS's liquidity measured by quick ratio was 6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -10.17 | 0.42 | 17.92 | -0.55 |
EBIT | -10.17 | 0.42 | 17.92 | -0.55 |
Net earnings | -7.93 | 0.33 | 12.61 | -10.01 |
Shareholders equity total | 132.07 | 132.40 | 119.79 | 40.80 |
Balance sheet total (assets) | 143.77 | 156.58 | 129.64 | 48.22 |
Net debt | 10.97 | 6.16 | 8.98 | |
Profitability | ||||
EBIT-% | ||||
ROA | -7.1 % | 0.3 % | 8.5 % | -11.3 % |
ROE | -6.0 % | 0.2 % | 10.0 % | -12.5 % |
ROI | -7.1 % | 0.3 % | 9.1 % | -11.8 % |
Economic value added (EVA) | -7.93 | -6.18 | 10.27 | -6.57 |
Solvency | ||||
Equity ratio | 91.9 % | 84.6 % | 92.4 % | 84.6 % |
Gearing | 8.9 % | 5.4 % | 7.5 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 2.2 | 6.0 | |
Current ratio | 12.3 | 6.5 | 6.0 | |
Cash and cash equivalents | 0.74 | 0.96 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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