Korsgade 8 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Korsgade 8 ApS
Korsgade 8 ApS (CVR number: 36964960) is a company from FREDERICIA. The company recorded a gross profit of 41.6 kDKK in 2024. The operating profit was 41.6 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Korsgade 8 ApS's liquidity measured by quick ratio was 19.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 196.49 | 228.03 | 212.87 | 104.82 | 41.60 |
EBIT | 579.93 | 228.03 | 281.18 | 137.12 | 41.60 |
Net earnings | -12.40 | 106.45 | - 208.52 | 54.15 | -11.14 |
Shareholders equity total | 1 000.29 | 1 106.75 | 898.23 | 952.38 | 941.24 |
Balance sheet total (assets) | 6 097.71 | 5 762.33 | 4 984.68 | 3 338.40 | 2 634.30 |
Net debt | 1 262.22 | 1 500.59 | 213.17 | 1 378.25 | 1 602.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 4.6 % | -2.7 % | 3.8 % | 1.4 % |
ROE | -1.2 % | 10.1 % | -20.8 % | 5.9 % | -1.2 % |
ROI | 1.4 % | 6.4 % | -5.4 % | 6.4 % | 1.7 % |
Economic value added (EVA) | 226.10 | 53.43 | 73.92 | -22.81 | -82.45 |
Solvency | |||||
Equity ratio | 16.4 % | 19.2 % | 18.0 % | 28.5 % | 35.7 % |
Gearing | 137.1 % | 138.4 % | 187.5 % | 145.3 % | 172.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.1 | 4.5 | 2.8 | 19.5 |
Current ratio | 2.5 | 2.1 | 4.5 | 2.8 | 19.5 |
Cash and cash equivalents | 108.69 | 30.61 | 1 471.12 | 5.92 | 20.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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