EJENDOMSSELSKABET AF 23/3-04 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSSELSKABET AF 23/3-04 A/S
EJENDOMSSELSKABET AF 23/3-04 A/S (CVR number: 21786748) is a company from VORDINGBORG. The company recorded a gross profit of 565.3 kDKK in 2024. The operating profit was 343.5 kDKK, while net earnings were 180.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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 AF 23/3-04 A/S's liquidity measured by quick ratio was 0.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 513.44 | 462.16 | 551.34 | 471.92 | 565.28 |
EBIT | 268.17 | 215.29 | 326.02 | 247.78 | 343.48 |
Net earnings | 110.35 | 69.02 | 159.19 | 102.25 | 180.59 |
Shareholders equity total | 1 701.18 | 1 670.21 | 1 760.40 | 1 703.65 | 1 782.25 |
Balance sheet total (assets) | 7 023.54 | 6 744.54 | 6 664.79 | 6 525.16 | 6 424.68 |
Net debt | 4 561.12 | 4 481.59 | 4 248.85 | 4 127.43 | 3 861.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 3.1 % | 4.9 % | 3.8 % | 5.3 % |
ROE | 6.7 % | 4.1 % | 9.3 % | 5.9 % | 10.4 % |
ROI | 3.9 % | 3.2 % | 5.0 % | 3.9 % | 5.4 % |
Economic value added (EVA) | -88.18 | - 125.19 | -25.26 | -74.90 | 21.39 |
Solvency | |||||
Equity ratio | 24.2 % | 24.8 % | 26.4 % | 26.1 % | 27.7 % |
Gearing | 276.3 % | 274.4 % | 249.6 % | 255.3 % | 235.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 |
Current ratio | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 |
Cash and cash equivalents | 138.46 | 101.04 | 145.12 | 222.61 | 332.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | A |
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