KORINTH RØRFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 18016249
Reventlowsvej 46, Korinth 5600 Faaborg
c.vognsgaard@hotmail.com
tel: 62651249
www.korinthrorfabrik.dk
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit5 485.084 891.21- 400.612.552 126.40
Costs of management- 569.56-1.51-1 691.34
Costs of distribution-85.49-0.06- 126.48
Employee benefit expenses-5 439.64-5 520.96
Total depreciation- 225.34- 130.04
EBIT- 179.90- 759.79-1 055.650.98308.58
Other financial income2.04
Other financial expenses-46.15-55.07-88.08-0.05-66.51
Pre-tax profit- 226.05- 814.86-1 143.730.93244.11
Income taxes49.73179.27247.12-0.28-74.95
Net earnings- 176.32- 635.59- 896.620.65169.16

Assets (kDKK)

2020
2021
2022
2023
2024
Intangible assets total
Land and waters2 270.002.232 168.77
Buildings91.0959.1927.290.02474.52
Machinery and equipment619.96216.82266.310.25400.19
Tangible assets total711.05276.012 563.592.493 043.48
Investments total
Long term receivables total
Raw materials and consumables2 469.422 338.322 132.721.571 200.60
Inventories total2 469.422 338.322 132.721.571 200.60
Current trade debtors1 223.572 165.24955.561.544 416.22
Prepayments and accrued income69.3394.6350.77
Current other receivables536.00601.831 765.910.34391.67
Current deferred tax assets37.11178.41291.5630.08
Short term receivables total1 866.013 040.123 063.791.894 837.97
Cash and bank deposits357.317.185.431.141.28
Cash and cash equivalents357.317.185.431.141.28
Balance sheet total (assets)5 403.785 661.627 765.537.099 083.33

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital500.00500.00600.000.60600.00
Retained earnings2 382.052 205.735 720.144.825 475.59
Profit of the financial year- 176.32- 635.59- 896.620.65169.16
Shareholders equity total2 705.732 070.145 423.526.086 244.74
Provisions0.8541.220.0477.06
Non-current other liabilities221.73
Non-current liabilities total221.73
Current loans from credit institutions1 042.26952.7891.11
Current trade creditors402.70450.08273.840.17372.70
Current owed to participating0.301 509.84
Current owed to group member1 456.551 440.00563.37
Short-term deferred tax liabilities0.28
Other non-interest bearing current liabilities616.22659.15510.800.23787.87
Current liabilities total2 475.463 591.482 300.780.972 761.52
Balance sheet total (liabilities)5 403.785 661.627 765.537.099 083.33
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