Christian Korsgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Christian Korsgaard Holding ApS
Christian Korsgaard Holding ApS (CVR number: 39850060) is a company from AALBORG. The company recorded a gross profit of -4.8 kDKK in 2024. The operating profit was -4.8 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Christian Korsgaard Holding ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.38 | -8.00 | -4.69 | -4.69 | -4.75 |
EBIT | -4.38 | -8.00 | -4.69 | -4.69 | -4.75 |
Net earnings | -6.24 | -10.08 | 44.73 | -4.48 | -3.57 |
Shareholders equity total | 384.92 | 374.84 | 369.57 | 365.10 | 361.53 |
Balance sheet total (assets) | 519.04 | 598.93 | 589.80 | 585.32 | 581.75 |
Net debt | 1.18 | 100.14 | 108.92 | 99.40 | 74.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -1.4 % | 7.6 % | -0.8 % | -0.8 % |
ROE | -1.6 % | -2.7 % | 12.0 % | -1.2 % | -1.0 % |
ROI | -0.8 % | -1.4 % | 7.7 % | -0.8 % | -0.8 % |
Economic value added (EVA) | -22.76 | -31.60 | -33.89 | -34.15 | -33.99 |
Solvency | |||||
Equity ratio | 74.2 % | 62.6 % | 62.7 % | 62.4 % | 62.1 % |
Gearing | 31.2 % | 56.1 % | 58.6 % | 59.4 % | 59.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.8 | 0.8 | 0.7 |
Current ratio | 1.0 | 0.9 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 119.04 | 110.08 | 107.80 | 117.32 | 141.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
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