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 389.9 kDKK in 2024. The operating profit was 308.9 kDKK, while net earnings were -37.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 646.00 | 554.00 | 652.00 | 664.00 | 389.87 |
| EBIT | 565.00 | 473.00 | 571.00 | 583.00 | 308.91 |
| Net earnings | 353.00 | 286.00 | 299.00 | 226.00 | -37.21 |
| Shareholders equity total | 3 863.00 | 4 149.00 | 4 448.00 | 4 674.00 | 4 636.33 |
| Balance sheet total (assets) | 16 926.00 | 16 848.00 | 16 781.00 | 16 701.00 | 16 968.11 |
| Net debt | 12 413.00 | 12 130.00 | 11 735.00 | 11 481.00 | 11 890.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.3 % | 2.8 % | 3.4 % | 3.5 % | 1.8 % |
| ROE | 9.6 % | 7.1 % | 7.0 % | 5.0 % | -0.8 % |
| ROI | 3.5 % | 2.9 % | 3.5 % | 3.6 % | 1.9 % |
| Economic value added (EVA) | - 163.27 | - 226.25 | - 141.76 | - 148.34 | - 353.57 |
| Solvency | |||||
| Equity ratio | 22.8 % | 24.6 % | 26.5 % | 28.0 % | 27.3 % |
| Gearing | 321.3 % | 292.4 % | 263.8 % | 245.6 % | 264.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.1 |
| Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 1.1 |
| Cash and cash equivalents | 359.09 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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