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 -1930.5 kDKK in 2023. The operating profit was -4371.9 kDKK, while net earnings were 19.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.3 %, 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 15.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 525.61 | - 708.12 | -1 042.74 | - 840.16 | -1 930.48 |
EBIT | - 973.78 | -1 192.16 | -2 316.26 | -2 904.46 | -4 371.86 |
Net earnings | 15 651.40 | 31 360.80 | 26 502.35 | 13 009.99 | 19 201.81 |
Shareholders equity total | 447 274.43 | 472 635.23 | 493 137.58 | 484 605.11 | 498 806.92 |
Balance sheet total (assets) | 468 575.67 | 493 654.82 | 504 443.31 | 510 577.63 | 523 194.11 |
Net debt | -75 247.46 | - 144 861.04 | - 151 862.67 | -82 981.73 | -78 997.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 7.2 % | 5.6 % | 3.0 % | 4.3 % |
ROE | 3.6 % | 6.8 % | 5.5 % | 2.7 % | 3.9 % |
ROI | 3.6 % | 7.3 % | 5.6 % | 3.0 % | 4.3 % |
Economic value added (EVA) | -16 279.30 | -13 327.36 | -8 559.32 | -8 205.13 | -12 449.26 |
Solvency | |||||
Equity ratio | 95.5 % | 95.7 % | 97.8 % | 94.9 % | 95.3 % |
Gearing | 4.1 % | 4.1 % | 2.0 % | 4.2 % | 4.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.3 | 13.8 | 33.8 | 14.9 | 15.4 |
Current ratio | 14.6 | 13.8 | 33.8 | 14.9 | 15.4 |
Cash and cash equivalents | 93 585.84 | 164 329.10 | 161 942.62 | 103 194.29 | 99 585.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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