KORSBORG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32828469
Bakkedraget 63, Roskilde 4000 Roskilde

Company information

Official name
KORSBORG HOLDING ApS
Established
2010
Domicile
Roskilde
Company form
Private limited company
Industry

About KORSBORG HOLDING ApS

KORSBORG HOLDING ApS (CVR number: 32828469) is a company from ROSKILDE. The company recorded a gross profit of -29.2 kDKK in 2023. The operating profit was 73.4 kDKK, while net earnings were 1569.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORSBORG HOLDING ApS'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 sales1 596.87963.60
Gross profit1 548.59942.39-25.47-35.46-29.16
EBIT1 548.59942.39-60.13- 335.4673.39
Net earnings1 588.021 000.142 722.331 752.741 569.15
Shareholders equity total6 906.437 906.5610 515.8912 154.2413 612.60
Balance sheet total (assets)7 618.659 044.6111 928.9513 966.2916 490.86
Net debt235.76421.36-64.33473.371 530.82
Profitability
EBIT-%97.0 %97.8 %
ROA24.0 %12.0 %26.0 %13.7 %10.3 %
ROE31.9 %13.5 %29.6 %15.5 %12.2 %
ROI25.0 %12.9 %28.4 %15.1 %11.3 %
Economic value added (EVA)1 707.80994.33-89.71- 229.15315.50
Solvency
Equity ratio90.7 %87.4 %88.2 %87.0 %82.5 %
Gearing3.4 %5.3 %3.2 %3.9 %11.3 %
Relative net indebtedness %44.6 %118.0 %
Liquidity
Quick ratio1.63.44.73.01.9
Current ratio1.63.44.73.01.9
Cash and cash equivalents0.690.81401.390.536.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %28.5 %205.8 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.5%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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