KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS — Credit Rating and Financial Key Figures

CVR number: 42237914
Reventlowsvej 46, Korinth 5600 Faaborg
tel: 62651249

Company information

Official name
KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS
Established
1972
Domicile
Korinth
Company form
Private limited company
Industry

About KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS

KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS (CVR number: 42237914) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1115 kDKK in 2022. The operating profit was 828 kDKK, while net earnings were 1553.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS's liquidity measured by quick ratio was 14.8 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit27.57234.1995.98125.121 114.98
EBIT-83.23129.3816.0345.16828.03
Net earnings1 209.76459.162 265.52322.601 553.75
Shareholders equity total23 956.1123 765.2725 380.7925 053.3825 957.14
Balance sheet total (assets)24 322.8524 064.3225 818.4925 541.4026 676.81
Net debt-1 351.77-1 518.53-1 187.26- 707.66-9 630.87
Profitability
EBIT-%
ROA5.6 %4.2 %11.9 %2.4 %9.2 %
ROE5.1 %1.9 %9.2 %1.3 %6.1 %
ROI5.7 %4.3 %12.1 %2.5 %9.4 %
Economic value added (EVA)- 955.54- 804.45- 891.11-1 008.98- 453.88
Solvency
Equity ratio98.5 %98.8 %98.3 %98.1 %97.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.612.67.86.214.8
Current ratio7.612.67.86.214.8
Cash and cash equivalents1 351.771 518.531 187.26707.669 630.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:9.22%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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