Ejendomsselskabet Færøgade 1 ApS — Credit Rating and Financial Key Figures

CVR number: 36723297
Storemosevej 1, 7430 Ikast

Credit rating

Company information

Official name
Ejendomsselskabet Færøgade 1 ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon681100

About Ejendomsselskabet Færøgade 1 ApS

Ejendomsselskabet Færøgade 1 ApS (CVR number: 36723297) is a company from IKAST-BRANDE. The company recorded a gross profit of 3543.8 kDKK in 2023. The operating profit was -2760.2 kDKK, while net earnings were -4036.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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 Færøgade 1 ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 313.782 695.263 348.003 403.993 543.84
EBIT3 648.3010 720.593 238.683 403.99-2 760.16
Net earnings2 463.827 929.552 119.502 100.34-4 036.47
Shareholders equity total16 652.9424 582.4926 701.9928 802.3324 765.86
Balance sheet total (assets)72 795.3493 861.2994 014.8493 627.8587 440.32
Net debt49 132.2561 276.0459 244.1557 059.3556 527.17
Profitability
EBIT-%
ROA5.5 %12.9 %3.5 %3.6 %-3.0 %
ROE16.0 %38.5 %8.3 %7.6 %-15.1 %
ROI5.5 %12.9 %3.5 %3.7 %-3.1 %
Economic value added (EVA)585.615 416.19- 845.58-1 457.38-6 380.40
Solvency
Equity ratio22.9 %26.2 %28.4 %30.8 %28.3 %
Gearing305.1 %253.0 %223.6 %198.4 %228.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.00.1
Current ratio0.20.00.10.00.1
Cash and cash equivalents1 682.84922.29457.8470.86145.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-3.05%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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