KØRVEL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25720369
Havdigevej 23, 6700 Esbjerg
sk@korvel-byg.dk
tel: 26130090

Company information

Official name
KØRVEL HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About KØRVEL HOLDING ApS

KØRVEL HOLDING ApS (CVR number: 25720369) is a company from ESBJERG. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 373.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KØRVEL HOLDING ApS's liquidity measured by quick ratio was 92.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-38.25-12.50-7.50-7.50-7.50
EBIT-38.25-12.50-7.50-7.50-7.50
Net earnings324.66- 150.77180.40645.01373.75
Shareholders equity total532.35381.58561.981 207.001 521.85
Balance sheet total (assets)606.80421.33655.561 287.971 792.63
Net debt- 153.81- 158.96- 124.84- 155.11- 214.23
Profitability
EBIT-%
ROA78.4 %-29.0 %34.8 %67.3 %24.4 %
ROE87.7 %-33.0 %38.2 %72.9 %27.4 %
ROI85.2 %-31.0 %35.9 %69.3 %27.0 %
Economic value added (EVA)-43.94-2.88-1.317.5342.22
Solvency
Equity ratio87.7 %90.6 %85.7 %93.7 %84.9 %
Gearing3.0 %8.8 %11.8 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.45.12.62.692.6
Current ratio3.45.12.62.692.6
Cash and cash equivalents169.55192.45190.90208.56214.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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