Korff-Renewables Holding ApS — Credit Rating and Financial Key Figures

CVR number: 44882035
Skolegade 27, Guderup 6430 Nordborg

Credit rating

Company information

Official name
Korff-Renewables Holding ApS
Established
2024
Domicile
Guderup
Company form
Private limited company
Industry

About Korff-Renewables Holding ApS

Korff-Renewables Holding ApS (CVR number: 44882035) is a company from SØNDERBORG. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were 225 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.1 %, which can be considered excellent and Return on Equity (ROE) was 84.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.2 %, 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. Korff-Renewables Holding ApS'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
2024
Volume
Net sales
Gross profit-5.00
EBIT-5.00
Net earnings224.97
Shareholders equity total264.97
Balance sheet total (assets)498.21
Net debt151.33
Profitability
EBIT-%
ROA45.1 %
ROE84.9 %
ROI52.8 %
Economic value added (EVA)-3.90
Solvency
Equity ratio53.2 %
Gearing60.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.3
Current ratio0.3
Cash and cash equivalents10.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:45.1%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.2%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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