Ejendomsselskabet Blumersgade A/S — Credit Rating and Financial Key Figures

CVR number: 41714778
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Blumersgade A/S
Established
2020
Company form
Limited company
Industry

About Ejendomsselskabet Blumersgade A/S

Ejendomsselskabet Blumersgade A/S (CVR number: 41714778) is a company from AARHUS. The company reported a net sales of 3.5 mDKK in 2024, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 93.9 % (EBIT: 3.3 mDKK), while net earnings were 2190.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ejendomsselskabet Blumersgade A/S's liquidity measured by quick ratio was 0.3 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
2021
2022
2023
2024
Volume
Net sales3 238.093 322.283 421.943 469.74
Gross profit4 426.413 026.043 241.953 258.23
EBIT4 426.413 026.043 241.953 258.23
Net earnings3 138.722 168.022 132.592 190.94
Shareholders equity total26 538.7226 906.7428 289.3329 840.27
Balance sheet total (assets)59 021.3158 075.7858 444.9758 675.45
Net debt29 577.4328 472.1726 959.8225 419.32
Profitability
EBIT-%136.7 %91.1 %94.7 %93.9 %
ROA7.5 %5.2 %5.6 %5.6 %
ROE11.8 %8.1 %7.7 %7.5 %
ROI7.6 %5.3 %5.7 %5.7 %
Economic value added (EVA)3 450.46- 380.08- 209.09- 193.54
Solvency
Equity ratio45.0 %46.3 %48.4 %50.9 %
Gearing111.8 %105.8 %96.2 %85.9 %
Relative net indebtedness %990.4 %927.4 %861.9 %812.1 %
Liquidity
Quick ratio0.40.00.20.3
Current ratio0.40.00.20.3
Cash and cash equivalents95.72260.32215.01
Capital use efficiency
Trade debtors turnover (days)0.0
Net working capital %-48.3 %-78.7 %-60.9 %-48.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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