KORSØR ELEKTRONIK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 66397718
Møllevangen 28, 4220 Korsør
ir@korsoer-elektronik.dk
tel: 58350750

Company information

Official name
KORSØR ELEKTRONIK HOLDING ApS
Established
1980
Company form
Private limited company
Industry

About KORSØR ELEKTRONIK HOLDING ApS

KORSØR ELEKTRONIK HOLDING ApS (CVR number: 66397718) is a company from SLAGELSE. The company recorded a gross profit of 492.3 kDKK in 2024. The operating profit was 271.8 kDKK, while net earnings were 4519.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, 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. KORSØR ELEKTRONIK HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales360.00360.00360.00
Gross profit137.61276.43272.28263.15492.27
EBIT22.85127.63121.88112.75271.82
Net earnings- 159.20146.65- 182.285 288.964 519.75
Shareholders equity total5 997.816 087.975 848.4811 078.5515 537.30
Balance sheet total (assets)7 618.5611 480.7011 398.0818 398.2020 986.39
Net debt932.832 256.162 330.82-3 542.01- 225.59
Profitability
EBIT-%6.3 %35.5 %33.9 %
ROA-0.1 %3.4 %1.9 %38.3 %31.7 %
ROE-2.6 %2.4 %-3.1 %62.5 %34.0 %
ROI1.0 %3.4 %1.9 %40.5 %33.1 %
Economic value added (EVA)- 409.46- 277.15- 478.89- 496.36- 657.53
Solvency
Equity ratio78.7 %53.0 %51.3 %60.2 %74.0 %
Gearing23.2 %85.1 %90.1 %51.7 %33.6 %
Relative net indebtedness %270.9 %639.4 %686.2 %
Liquidity
Quick ratio1.30.80.81.71.4
Current ratio1.30.80.81.71.4
Cash and cash equivalents459.822 925.992 935.889 267.195 452.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %67.2 %-1032.0 %-1013.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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