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KORSAA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORSAA ApS
KORSAA ApS (CVR number: 36437766) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 60.1 kDKK in 2025. The operating profit was -20.1 kDKK, while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. KORSAA ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -0.76 | 32.94 | 60.06 | ||
| EBIT | -0.76 | -1.71 | -34.25 | -20.14 | |
| Net earnings | -62.65 | -35.81 | 77.13 | -41.30 | 0.49 |
| Shareholders equity total | 329.52 | 293.71 | 255.83 | 99.53 | 55.02 |
| Balance sheet total (assets) | 340.25 | 293.71 | 370.83 | 136.23 | 135.22 |
| Net debt | - 306.04 | - 247.18 | - 251.73 | - 103.82 | - 102.85 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.1 % | 0.4 % | 26.6 % | -3.3 % | 1.5 % |
| ROE | -17.4 % | -11.5 % | 28.1 % | -23.2 % | 0.6 % |
| ROI | 0.1 % | 0.4 % | 27.9 % | -3.8 % | 2.6 % |
| Economic value added (EVA) | -20.30 | -16.56 | -16.25 | -43.88 | -25.14 |
| Solvency | |||||
| Equity ratio | 96.8 % | 100.0 % | 69.0 % | 73.1 % | 40.7 % |
| Gearing | 32.8 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 30.2 | 3.1 | 3.7 | 1.7 | |
| Current ratio | 30.2 | 3.1 | 3.7 | 1.7 | |
| Cash and cash equivalents | 306.04 | 247.18 | 335.69 | 103.82 | 102.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BB |
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