KORSAA ApS — Credit Rating and Financial Key Figures

CVR number: 36437766
Danmarksvej 48 A, 2800 Kgs. Lyngby
Free credit report Annual report

Company information

Official name
KORSAA ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About KORSAA ApS

KORSAA ApS (CVR number: 36437766) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 32.9 kDKK in 2024. The operating profit was -34.3 kDKK, while net earnings were -41.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -23.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. KORSAA ApS's liquidity measured by quick ratio was 3.7 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-0.37-0.7632.94
EBIT-0.37-0.76-1.71-34.25
Net earnings187.53-62.65-35.8177.13-41.30
Shareholders equity total392.17329.52293.71255.8399.53
Balance sheet total (assets)402.69340.25293.71370.83136.23
Net debt- 386.02- 306.04- 247.18- 251.73- 103.82
Profitability
EBIT-%
ROA59.0 %0.1 %0.4 %26.6 %-3.3 %
ROE57.1 %-17.4 %-11.5 %28.1 %-23.2 %
ROI60.5 %0.1 %0.4 %27.9 %-3.8 %
Economic value added (EVA)-13.59-20.30-16.56-16.25-43.88
Solvency
Equity ratio97.4 %96.8 %100.0 %69.0 %73.1 %
Gearing32.8 %
Relative net indebtedness %
Liquidity
Quick ratio36.730.23.13.7
Current ratio36.730.23.13.7
Cash and cash equivalents386.02306.04247.18335.69103.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-3.33%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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