Partnerselskabet Åboulevarden 11-13, Århus

CVR number: 38066005
Langelinie Allé 43, 2100 København Ø

Credit rating

Company information

Official name
Partnerselskabet Åboulevarden 11-13, Århus
Established
2016
Industry
  • Expand more icon68Real estate activities

About Partnerselskabet Åboulevarden 11-13, Århus

Partnerselskabet Åboulevarden 11-13, Århus (CVR number: 38066005) is a company from KØBENHAVN. The company reported a net sales of 7.5 mDKK in 2023, demonstrating a decline of -9.4 % compared to the previous year. The operating profit percentage was poor at -97.2 % (EBIT: -7.3 mDKK), while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. Partnerselskabet Åboulevarden 11-13, Århus's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales7 461.007 850.008 104.008 307.007 527.00
Gross profit7 646.007 721.007 867.008 131.007 516.00
EBIT12 914.0010 684.0011 290.00-16 116.00-7 318.00
Net earnings12 297.0010 041.0010 660.00-17 241.00-11 490.00
Shareholders equity total48 362.0058 403.0069 063.0051 822.0040 332.00
Balance sheet total (assets)181 057.00183 971.00187 607.00162 699.00148 500.00
Net debt127 823.00121 376.00114 200.00106 772.00101 687.00
Profitability
EBIT-%173.1 %136.1 %139.3 %-194.0 %-97.2 %
ROA7.2 %5.9 %6.1 %-9.2 %-4.7 %
ROE29.1 %18.8 %16.7 %-28.5 %-24.9 %
ROI7.4 %6.0 %6.2 %-9.4 %-4.9 %
Economic value added (EVA)11 169.878 294.768 360.37-19 581.24-9 917.13
Solvency
Equity ratio15.4 %31.7 %36.8 %31.9 %27.2 %
Gearing266.0 %208.0 %165.5 %206.2 %252.6 %
Relative net indebtedness %1767.6 %1598.3 %1461.5 %1333.6 %1434.4 %
Liquidity
Quick ratio0.20.20.30.10.1
Current ratio0.20.20.30.10.1
Cash and cash equivalents815.00102.00103.0098.00198.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-43.1 %-42.0 %-39.9 %-44.0 %-78.8 %
Credit risk
Credit ratingAAAAAAABBBBBB

Variable visualization

ROA:-4.70%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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