Korch Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38980904
Stumpedyssevej 38, 2970 Hørsholm
michaelkorch@hotmail.dk
tel: 31369601

Credit rating

Company information

Official name
Korch Invest ApS
Established
2017
Company form
Private limited company
Industry

About Korch Invest ApS

Korch Invest ApS (CVR number: 38980904) is a company from HØRSHOLM. The company recorded a gross profit of -34.8 kDKK in 2023. The operating profit was -34.8 kDKK, while net earnings were 279.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 3.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Korch Invest ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-37.53-16.44-19.82-27.44-34.80
EBIT-37.53-16.44-19.82-27.44-34.80
Net earnings-37.53-17.4575.64-73.28279.73
Shareholders equity total-85.22- 102.68-27.04- 100.32179.41
Balance sheet total (assets)247.31849.877 326.676 711.125 678.35
Net debt71.0187.4542.412 735.30- 121.37
Profitability
EBIT-%
ROA-11.6 %-2.6 %3.3 %13.2 %5.8 %
ROE-14.6 %-3.2 %1.9 %-1.0 %8.1 %
ROI-12.1 %-2.6 %3.3 %13.3 %5.8 %
Economic value added (EVA)-24.460.2733.79345.51182.22
Solvency
Equity ratio-25.6 %-10.8 %-0.4 %-1.5 %3.2 %
Gearing-373.5 %-912.9 %-26918.3 %-6776.2 %3065.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.91.01.01.0
Current ratio0.70.91.01.01.0
Cash and cash equivalents247.31849.877 236.574 062.615 620.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.78%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.16%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.