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KORTERMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KORTERMANN HOLDING ApS
KORTERMANN HOLDING ApS (CVR number: 36401885) is a company from SVENDBORG. The company recorded a gross profit of -1.1 kDKK in 2024. The operating profit was -1.1 kDKK, while net earnings were 299 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. KORTERMANN HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -9.11 | -8.50 | -8.81 | -9.77 | -1.09 |
| EBIT | -9.11 | -8.50 | -8.81 | -9.77 | -1.09 |
| Net earnings | 48.98 | 361.42 | 253.81 | 352.96 | 299.04 |
| Shareholders equity total | -49.49 | 311.92 | 565.73 | 918.69 | 1 217.73 |
| Balance sheet total (assets) | 771.77 | 1 717.60 | 1 690.43 | 1 707.68 | 1 925.38 |
| Net debt | 653.07 | 491.45 | 691.96 | 658.46 | 558.82 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.6 % | 30.7 % | 16.6 % | 20.8 % | 16.5 % |
| ROE | 6.7 % | 66.7 % | 57.8 % | 47.6 % | 28.0 % |
| ROI | 9.3 % | 49.7 % | 27.1 % | 24.8 % | 17.7 % |
| Economic value added (EVA) | -42.28 | -38.83 | -50.18 | -73.38 | -80.50 |
| Solvency | |||||
| Equity ratio | -6.0 % | 18.2 % | 33.5 % | 53.8 % | 63.2 % |
| Gearing | -1319.6 % | 163.9 % | 123.8 % | 72.0 % | 48.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 1.0 | 0.6 | 0.2 | 0.5 |
| Current ratio | 0.0 | 1.0 | 0.6 | 0.2 | 0.5 |
| Cash and cash equivalents | 0.05 | 19.95 | 8.20 | 3.03 | 28.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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