Korch Holding ApS — Credit Rating and Financial Key Figures

Korch Holding ApS (CVR number: 41971622) is a company from GLADSAXE. The company recorded a gross profit of 1259.3 kDKK in 2023. The operating profit was 225 kDKK, while net earnings were 154.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 94.9 %, which can be considered excellent and Return on Equity (ROE) was 100.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -19.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Korch Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.