KORSGAARD HOLDING ÅRHUS ApS — Credit Rating and Financial Key Figures

CVR number: 30800435
Hendrik Pontoppidans Gade 6, 8000 Aarhus C
j.korsgaard@icloud.com

Credit rating

Company information

Official name
KORSGAARD HOLDING ÅRHUS ApS
Established
2007
Company form
Private limited company
Industry

About KORSGAARD HOLDING ÅRHUS ApS

KORSGAARD HOLDING ÅRHUS ApS (CVR number: 30800435) is a company from AARHUS. The company recorded a gross profit of -16.5 kDKK in 2024. The operating profit was -16.5 kDKK, while net earnings were -495.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORSGAARD HOLDING ÅRHUS ApS's liquidity measured by quick ratio was 1934.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.00-17.00- 117.83-22.15-16.47
EBIT-14.00-17.00- 117.83-22.15-16.47
Net earnings1 235.001 605.0030 718.32- 328.98- 495.26
Shareholders equity total11 216.0012 164.0041 133.0934 804.1227 308.85
Balance sheet total (assets)11 713.0012 641.0041 679.3334 818.2427 322.98
Net debt-9 034.00-9 144.00-41 521.77-34 497.45-26 639.43
Profitability
EBIT-%
ROA12.6 %14.3 %118.5 %1.7 %17.5 %
ROE11.4 %13.7 %115.3 %-0.9 %-1.6 %
ROI12.7 %14.4 %119.9 %1.7 %17.5 %
Economic value added (EVA)-21.5347.19-12.93-2.61-31.88
Solvency
Equity ratio95.8 %96.2 %98.7 %100.0 %99.9 %
Gearing2.4 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio19.321.076.32 465.01 934.4
Current ratio19.321.076.32 465.01 934.4
Cash and cash equivalents9 303.009 523.0041 521.7734 497.4526 639.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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