Korreborg ApS — Credit Rating and Financial Key Figures

CVR number: 40605312
Vesterled 35, Grimstrup 6818 Årre
Danni@korreborg.nu
tel: 25508900

Company information

Official name
Korreborg ApS
Personnel
3 persons
Established
2019
Domicile
Grimstrup
Company form
Private limited company
Industry

About Korreborg ApS

Korreborg ApS (CVR number: 40605312) is a company from ESBJERG. The company recorded a gross profit of 2066.8 kDKK in 2024. The operating profit was 680.4 kDKK, while net earnings were 530 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84.4 %, which can be considered excellent and Return on Equity (ROE) was 129.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Korreborg ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit134.64544.741 009.651 733.632 066.79
EBIT24.21158.26258.44460.25680.40
Net earnings18.45125.30187.59349.25529.99
Shareholders equity total64.83190.13261.04330.30488.28
Balance sheet total (assets)229.67476.96565.40767.52845.67
Net debt116.50-56.04- 332.01- 282.61-69.19
Profitability
EBIT-%
ROA14.7 %46.2 %49.6 %69.1 %84.4 %
ROE33.2 %98.3 %83.2 %118.1 %129.5 %
ROI18.3 %79.3 %105.3 %154.1 %160.6 %
Economic value added (EVA)18.89119.53193.05359.57516.42
Solvency
Equity ratio28.2 %39.9 %46.2 %43.0 %57.7 %
Gearing183.6 %20.1 %0.6 %1.0 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.11.41.10.8
Current ratio0.41.11.41.10.8
Cash and cash equivalents2.5094.19333.69285.9676.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:84.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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