Kaj Korsholm Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38003860
Vedbølvej 10, Vedbøl 6500 Vojens

Company information

Official name
Kaj Korsholm Holding ApS
Established
2016
Domicile
Vedbøl
Company form
Private limited company
Industry

About Kaj Korsholm Holding ApS

Kaj Korsholm Holding ApS (CVR number: 38003860) is a company from HADERSLEV. The company recorded a gross profit of -4.6 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were 1164.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 68.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. Kaj Korsholm Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-4.36-5.16-4.25-5.57-4.63
EBIT-4.36-5.16-4.25-5.57-4.63
Net earnings249.39361.64107.27144.751 164.56
Shareholders equity total693.841 000.181 050.951 138.502 244.16
Balance sheet total (assets)1 260.301 943.592 469.163 080.704 443.47
Net debt551.90934.071 406.001 929.382 186.21
Profitability
EBIT-%
ROA29.7 %24.4 %7.1 %7.7 %33.3 %
ROE41.8 %42.7 %10.5 %13.2 %68.9 %
ROI29.9 %24.5 %7.1 %7.7 %33.5 %
Economic value added (EVA)-5.61-12.00-17.18-46.45-47.46
Solvency
Equity ratio55.1 %51.5 %42.6 %37.0 %50.5 %
Gearing80.8 %93.5 %133.9 %169.5 %97.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.71.71.50.0
Current ratio1.71.71.71.50.0
Cash and cash equivalents8.521.431.520.610.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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