KORTEGAARD EJENDOM ApS — Credit Rating and Financial Key Figures

CVR number: 34898235
Øvej 10, 5550 Langeskov

Credit rating

Company information

Official name
KORTEGAARD EJENDOM ApS
Established
2012
Company form
Private limited company
Industry

About KORTEGAARD EJENDOM ApS

KORTEGAARD EJENDOM ApS (CVR number: 34898235) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 644.8 kDKK in 2024. The operating profit was 597.2 kDKK, while net earnings were 84.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KORTEGAARD EJENDOM 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit756.96650.362 533.37644.77
EBIT683.31588.712 456.74597.22
Net earnings594.80337.201 751.6984.46
Shareholders equity total4 934.954 588.982 340.672 425.13
Balance sheet total (assets)14 155.0413 611.8113 074.8013 146.82
Net debt4 251.104 125.075 291.524 831.59
Profitability
EBIT-%
ROA7.4 %6.9 %20.0 %4.9 %
ROE12.8 %7.1 %74.8 %3.5 %
ROI8.0 %7.3 %20.8 %5.1 %
Economic value added (EVA)70.860.80- 430.182 330.51596.36
Solvency
Equity ratio34.9 %33.7 %17.9 %18.4 %
Gearing165.1 %179.5 %437.1 %421.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.74.80.50.5
Current ratio4.74.80.50.5
Cash and cash equivalents3 897.574 112.994 938.485 398.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBB

Variable visualization

ROA:4.88%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.