Arhus Property Denmark P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Arhus Property Denmark P/S
Arhus Property Denmark P/S (CVR number: 39141000) is a company from KØBENHAVN. The company reported a net sales of 8.4 mDKK in 2023, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was poor at -380.3 % (EBIT: -31.8 mDKK), while net earnings were -50.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. Arhus Property Denmark P/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11 595.00 | 9 181.00 | 7 045.00 | 7 626.00 | 8 357.00 |
Gross profit | 11 609.00 | 5 729.00 | 3 289.00 | 2 966.00 | 16 500.00 |
EBIT | 6 812.00 | -2 626.00 | 202 293.00 | - 154 863.00 | -31 785.00 |
Net earnings | 6 856.00 | -2 942.00 | 201 995.00 | - 157 124.00 | -50 764.00 |
Shareholders equity total | 259 458.00 | 256 516.00 | 458 511.00 | 301 387.00 | 250 623.00 |
Balance sheet total (assets) | 261 499.00 | 284 787.00 | 552 609.00 | 617 863.00 | 1 029 679.00 |
Net debt | -1 531.00 | 16 339.00 | 78 184.00 | 292 425.00 | 618 038.00 |
Profitability | |||||
EBIT-% | 58.7 % | -28.6 % | 2871.4 % | -2030.7 % | -380.3 % |
ROA | 2.7 % | -1.0 % | 48.3 % | -26.5 % | -3.8 % |
ROE | 2.7 % | -1.1 % | 56.5 % | -41.4 % | -18.4 % |
ROI | 2.7 % | -1.0 % | 50.0 % | -27.4 % | -4.3 % |
Economic value added (EVA) | -5 820.60 | -15 586.83 | 189 403.07 | - 177 903.18 | -46 929.70 |
Solvency | |||||
Equity ratio | 99.2 % | 90.1 % | 83.0 % | 48.8 % | 24.3 % |
Gearing | 6.4 % | 17.1 % | 97.0 % | 246.6 % | |
Relative net indebtedness % | 4.4 % | 307.9 % | 1335.7 % | 4150.0 % | 9322.2 % |
Liquidity | |||||
Quick ratio | 4.9 | 0.3 | 0.8 | 0.5 | 0.8 |
Current ratio | 4.9 | 0.3 | 0.8 | 0.5 | 1.0 |
Cash and cash equivalents | 1 531.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 68.9 % | -84.5 % | -38.0 % | -145.7 % | -63.7 % |
Credit risk | |||||
Credit rating | AA | A | A | BBB | BBB |
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