Argo Bolig ApS

CVR number: 38045679
Dirch Passers Allé 76, 2000 Frederiksberg
info@deas.dk
tel: 70302020

Credit rating

Company information

Official name
Argo Bolig ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Argo Bolig ApS

Argo Bolig ApS (CVR number: 38045679) is a company from FREDERIKSBERG. The company recorded a gross profit of 1433.9 kDKK in 2023. The operating profit was 1209.2 kDKK, while net earnings were 194.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Argo Bolig ApS's liquidity measured by quick ratio was 0 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
20192020202120222023
Volume
Net sales
Gross profit1 085.711 014.671 427.181 564.661 433.86
EBIT916.71844.121 202.531 340.021 209.21
Net earnings595.81396.96667.81706.68194.90
Shareholders equity total448.43495.39813.20919.88414.79
Balance sheet total (assets)26 956.9536 213.0836 012.1235 722.5835 413.58
Net debt23 388.8532 286.9931 981.1332 005.5432 506.08
Profitability
EBIT-%
ROA3.4 %2.7 %3.3 %3.7 %3.4 %
ROE3.2 %84.1 %102.1 %81.6 %29.2 %
ROI3.8 %2.9 %3.6 %4.1 %3.7 %
Economic value added (EVA)- 250.00- 411.72- 390.28- 254.22- 425.47
Solvency
Equity ratio1.7 %1.4 %2.3 %2.6 %1.2 %
Gearing5290.1 %6585.8 %3966.8 %3496.8 %7888.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents333.56338.46276.64161.33215.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:3.41%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.20%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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