Kørvel ApS — Credit Rating and Financial Key Figures

Kørvel ApS (CVR number: 38606484) is a company from ESBJERG. The company recorded a gross profit of 3526.1 kDKK in 2023. The operating profit was 529.8 kDKK, while net earnings were 370.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 48.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kørvel ApS's liquidity measured by quick ratio was 1.6 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.