Korsør Detail A/S — Credit Rating and Financial Key Figures

CVR number: 40270450
Norvangen 1 B, 4220 Korsør

Credit rating

Company information

Official name
Korsør Detail A/S
Personnel
34 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Korsør Detail A/S

Korsør Detail A/S (CVR number: 40270450) is a company from SLAGELSE. The company recorded a gross profit of 3300.5 kDKK in 2023. The operating profit was -2797.8 kDKK, while net earnings were -2909.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -24.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Korsør Detail A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 150.005 877.004 905.003 716.033 300.53
EBIT- 810.00-61.00-1 008.00-2 548.84-2 797.84
Net earnings- 789.00- 218.00- 950.00-2 649.24-2 909.46
Shareholders equity total9 211.008 993.008 043.0013 393.6710 484.21
Balance sheet total (assets)20 680.0025 306.0023 310.0021 545.1220 233.89
Net debt2 967.264 090.05
Profitability
EBIT-%
ROA-3.9 %-0.3 %-4.1 %-8.3 %-13.2 %
ROE-8.6 %-2.4 %-11.2 %-24.7 %-24.4 %
ROI-3.9 %-0.3 %-4.1 %-9.3 %-17.6 %
Economic value added (EVA)- 810.00- 523.85-1 459.90-3 611.27-3 596.30
Solvency
Equity ratio100.0 %100.0 %100.0 %62.2 %51.8 %
Gearing22.8 %41.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.3
Current ratio1.10.9
Cash and cash equivalents91.57251.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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