Ejendomsselskabet Otte Ruds Gade 90 ApS
Credit rating
Company information
About Ejendomsselskabet Otte Ruds Gade 90 ApS
Ejendomsselskabet Otte Ruds Gade 90 ApS (CVR number: 38427989) is a company from AARHUS. The company reported a net sales of 1.1 mDKK in 2022, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 63.3 % (EBIT: 0.7 mDKK), while net earnings were 249.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 20.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.9 %, 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. Ejendomsselskabet Otte Ruds Gade 90 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 006.39 | 1 028.03 | 1 070.20 | 1 020.25 | 1 063.36 |
Gross profit | 730.21 | 769.76 | 839.20 | 713.89 | 840.13 |
EBIT | 399.25 | 849.47 | 672.29 | 545.94 | 673.42 |
Net earnings | 43.36 | 490.55 | 303.97 | 193.79 | 249.69 |
Shareholders equity total | 97.21 | 587.75 | 891.72 | 1 085.51 | 1 335.21 |
Balance sheet total (assets) | 22 816.62 | 22 695.32 | 22 595.95 | 22 315.81 | 22 489.10 |
Net debt | 22 058.61 | 21 415.17 | 21 034.72 | 20 606.39 | 20 423.87 |
Profitability | |||||
EBIT-% | 39.7 % | 82.6 % | 62.8 % | 53.5 % | 63.3 % |
ROA | 1.8 % | 3.7 % | 3.0 % | 2.4 % | 3.0 % |
ROE | 57.4 % | 143.2 % | 41.1 % | 19.6 % | 20.6 % |
ROI | 1.8 % | 3.8 % | 3.0 % | 2.5 % | 3.1 % |
Economic value added (EVA) | - 587.23 | - 177.79 | - 414.12 | - 532.96 | - 436.26 |
Solvency | |||||
Equity ratio | 0.4 % | 2.6 % | 3.9 % | 4.9 % | 5.9 % |
Gearing | 22770.0 % | 3658.6 % | 2368.0 % | 1903.7 % | 1536.4 % |
Relative net indebtedness % | 2250.0 % | 2141.9 % | 2020.4 % | 2075.1 % | 1980.9 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Current ratio | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Cash and cash equivalents | 75.18 | 88.11 | 81.48 | 59.06 | 89.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -508.2 % | -474.2 % | -427.1 % | -431.0 % | -415.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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