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Brdr. Kors & Hors ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Brdr. Kors & Hors ApS
Brdr. Kors & Hors ApS (CVR number: 21281786) is a company from AALBORG. The company recorded a gross profit of -3876.1 kDKK in 2024. The operating profit was -6585.5 kDKK, while net earnings were 15.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Brdr. Kors & Hors ApS's liquidity measured by quick ratio was 10.8 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 | - 708.12 | -1 042.74 | - 840.16 | -1 930.48 | -3 876.06 |
| EBIT | -1 192.16 | -2 316.26 | -2 904.46 | -4 371.86 | -6 585.46 |
| Net earnings | 31 360.80 | 26 502.35 | 13 009.99 | 19 201.81 | 15 888.64 |
| Shareholders equity total | 472 635.23 | 493 137.58 | 484 605.11 | 498 806.92 | 494 695.55 |
| Balance sheet total (assets) | 493 654.82 | 504 443.31 | 510 577.63 | 523 194.11 | 527 896.94 |
| Net debt | - 144 861.04 | - 151 862.67 | -82 981.73 | -78 997.45 | -40 850.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.2 % | 5.6 % | 3.0 % | 4.3 % | 3.5 % |
| ROE | 6.8 % | 5.5 % | 2.7 % | 3.9 % | 3.2 % |
| ROI | 7.3 % | 5.6 % | 3.0 % | 4.3 % | 3.5 % |
| Economic value added (EVA) | -24 261.09 | -26 918.71 | -27 372.33 | -29 082.90 | -31 302.78 |
| Solvency | |||||
| Equity ratio | 95.7 % | 97.8 % | 94.9 % | 95.3 % | 93.7 % |
| Gearing | 4.1 % | 2.0 % | 4.2 % | 4.1 % | 6.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.8 | 33.8 | 14.9 | 15.4 | 10.8 |
| Current ratio | 13.8 | 33.8 | 14.9 | 15.4 | 10.8 |
| Cash and cash equivalents | 164 329.10 | 161 942.62 | 103 194.29 | 99 585.85 | 71 797.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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