KORF & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 18409941
Bredgade 63, 1260 København K
tel: 70222206

Credit rating

Company information

Official name
KORF & CO. ApS
Established
1995
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About KORF & CO. ApS

KORF & CO. ApS (CVR number: 18409941) is a company from KØBENHAVN. The company recorded a gross profit of 140 kDKK in 2023. The operating profit was 140 kDKK, while net earnings were 114.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. KORF & CO. ApS's liquidity measured by quick ratio was 3.9 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
20192020202120222023
Volume
Net sales
Gross profit- 412.89- 200.24269.4891.07139.98
EBIT- 417.28- 204.62266.5590.45139.98
Net earnings- 431.38- 207.13260.4270.68114.57
Shareholders equity total265.7958.67319.08389.76504.33
Balance sheet total (assets)438.08242.95525.13604.22688.53
Net debt-72.2857.75122.67- 186.26-90.72
Profitability
EBIT-%
ROA-66.2 %-60.0 %69.3 %16.0 %22.9 %
ROE-89.6 %-127.7 %137.9 %19.9 %25.6 %
ROI-84.5 %-87.1 %80.1 %17.2 %24.3 %
Economic value added (EVA)- 434.39- 214.25267.5675.83117.29
Solvency
Equity ratio60.7 %24.1 %60.8 %64.5 %73.8 %
Gearing3.1 %232.7 %47.3 %49.9 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.11.32.52.83.9
Current ratio3.11.32.52.83.7
Cash and cash equivalents80.4578.7928.15380.72219.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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