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

CVR number: 38363336
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Elgårdsminde A/S
Established
2017
Company form
Limited company
Industry

About Ejendomsselskabet Elgårdsminde A/S

Ejendomsselskabet Elgårdsminde A/S (CVR number: 38363336) is a company from AARHUS. The company reported a net sales of 2.6 mDKK in 2024, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 71.2 % (EBIT: 1.9 mDKK), while net earnings were 1111.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. Ejendomsselskabet Elgårdsminde 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
2020
2021
2022
2023
2024
Volume
Net sales2 602.112 639.562 715.352 803.802 622.23
Gross profit3 141.633 495.631 909.452 042.511 865.75
EBIT3 141.633 495.631 909.452 042.511 865.75
Net earnings2 132.522 303.641 063.171 238.681 111.41
Shareholders equity total13 295.2412 098.8814 844.7615 883.4316 494.85
Balance sheet total (assets)48 704.8349 736.0749 769.5549 973.0849 664.84
Net debt31 049.0032 968.6030 224.5329 044.4628 602.63
Profitability
EBIT-%120.7 %132.4 %70.3 %72.8 %71.2 %
ROA6.6 %7.1 %3.8 %4.1 %3.8 %
ROE17.4 %18.1 %7.9 %8.1 %6.9 %
ROI6.7 %7.3 %3.9 %4.2 %3.9 %
Economic value added (EVA)300.96534.40- 627.11- 623.39- 767.31
Solvency
Equity ratio27.4 %24.4 %30.0 %31.9 %33.3 %
Gearing239.3 %277.1 %207.6 %188.1 %176.8 %
Relative net indebtedness %1239.7 %1300.6 %1161.7 %1086.0 %1135.4 %
Liquidity
Quick ratio0.70.20.30.50.3
Current ratio0.60.10.30.40.3
Cash and cash equivalents770.85552.00598.84830.80560.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-28.6 %-138.7 %-58.8 %-44.4 %-50.4 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.3%
Rating: 28/100
-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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