Mølgaard Korsager Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38394223
Vinbjergvej 10, 7120 Vejle Øst

Company information

Official name
Mølgaard Korsager Holding ApS
Established
2017
Company form
Private limited company
Industry

About Mølgaard Korsager Holding ApS

Mølgaard Korsager Holding ApS (CVR number: 38394223) is a company from VEJLE. The company recorded a gross profit of -8.4 kDKK in 2024. The operating profit was -8.4 kDKK, while net earnings were 895.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.7 %, which can be considered excellent and Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mølgaard Korsager Holding ApS's liquidity measured by quick ratio was 4.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.30-6.38-6.86-6.88-8.41
EBIT-6.30-6.38-6.86-6.88-8.41
Net earnings199.72316.46310.74- 556.12895.75
Shareholders equity total1 025.831 342.291 653.031 096.921 992.66
Balance sheet total (assets)1 496.191 914.501 887.871 415.062 296.80
Net debt463.66509.35218.99250.51- 925.65
Profitability
EBIT-%
ROA13.8 %19.1 %16.7 %-33.4 %49.7 %
ROE21.6 %26.7 %20.7 %-40.4 %58.0 %
ROI14.0 %19.3 %16.9 %-34.2 %51.5 %
Economic value added (EVA)-63.13-81.24- 103.48-98.38-76.13
Solvency
Equity ratio68.6 %70.1 %87.6 %77.5 %86.8 %
Gearing45.2 %40.6 %13.3 %23.4 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.30.24.1
Current ratio0.10.10.30.24.1
Cash and cash equivalents0.4635.400.396.221 162.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:49.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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