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SELECT ESTATES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SELECT ESTATES ApS
SELECT ESTATES ApS (CVR number: 24978796) is a company from VEJLE. The company recorded a gross profit of 11.3 kDKK in 2025. The operating profit was -69.6 kDKK, while net earnings were -280.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. SELECT ESTATES ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 554.00 | 652.00 | 664.00 | 389.87 | 11.33 |
| EBIT | 473.00 | 571.00 | 583.00 | 308.91 | -69.62 |
| Net earnings | 286.00 | 299.00 | 226.00 | -37.21 | - 280.81 |
| Shareholders equity total | 4 149.00 | 4 448.00 | 4 674.00 | 4 636.33 | 4 355.51 |
| Balance sheet total (assets) | 16 848.00 | 16 781.00 | 16 701.00 | 16 976.81 | 16 897.75 |
| Net debt | 12 130.00 | 11 735.00 | 11 481.00 | 11 890.18 | 12 167.20 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.8 % | 3.4 % | 3.5 % | 1.8 % | -0.4 % |
| ROE | 7.1 % | 7.0 % | 5.0 % | -0.8 % | -6.2 % |
| ROI | 2.9 % | 3.5 % | 3.6 % | 1.9 % | -0.4 % |
| Economic value added (EVA) | - 470.11 | - 398.54 | - 390.89 | - 592.46 | - 906.48 |
| Solvency | |||||
| Equity ratio | 24.6 % | 26.5 % | 28.0 % | 27.3 % | 25.8 % |
| Gearing | 292.4 % | 263.8 % | 245.6 % | 264.2 % | 286.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 1.1 | 1.1 |
| Current ratio | 0.0 | 0.0 | 0.0 | 1.1 | 1.1 |
| Cash and cash equivalents | 359.09 | 310.86 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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