Ejendomsselskabet Kongefolden 10-12 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Kongefolden 10-12 ApS
Ejendomsselskabet Kongefolden 10-12 ApS (CVR number: 37610267) is a company from AARHUS. The company reported a net sales of 3.8 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 70.4 % (EBIT: 2.7 mDKK), while net earnings were 1580.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, 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 34 %, 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 Kongefolden 10-12 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 441.29 | 3 528.04 | 3 662.81 | 3 770.75 | 3 832.17 |
Gross profit | 3 107.08 | 4 698.86 | 3 181.45 | 2 790.30 | 2 699.74 |
EBIT | 3 107.08 | 4 698.86 | 3 181.45 | 2 790.30 | 2 699.74 |
Net earnings | 1 937.20 | 3 176.01 | 1 940.27 | 1 637.09 | 1 580.40 |
Shareholders equity total | 18 537.40 | 21 213.41 | 22 153.68 | 22 590.77 | 23 171.18 |
Balance sheet total (assets) | 65 615.68 | 68 195.02 | 68 779.03 | 68 532.55 | 68 683.90 |
Net debt | 39 960.44 | 38 596.44 | 38 043.48 | 37 586.93 | 36 831.13 |
Profitability | |||||
EBIT-% | 90.3 % | 133.2 % | 86.9 % | 74.0 % | 70.4 % |
ROA | 4.8 % | 7.0 % | 4.6 % | 4.1 % | 4.0 % |
ROE | 11.0 % | 16.0 % | 8.9 % | 7.3 % | 6.9 % |
ROI | 4.9 % | 7.2 % | 4.8 % | 4.2 % | 4.1 % |
Economic value added (EVA) | - 458.56 | 756.66 | - 492.09 | - 819.98 | - 889.03 |
Solvency | |||||
Equity ratio | 28.5 % | 31.4 % | 32.5 % | 33.2 % | 34.0 % |
Gearing | 217.5 % | 187.2 % | 176.7 % | 170.8 % | 164.3 % |
Relative net indebtedness % | 1218.5 % | 1151.3 % | 1097.4 % | 1050.5 % | 1016.1 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.7 | 0.6 | 0.6 |
Current ratio | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 361.94 | 1 113.72 | 1 093.79 | 994.35 | 1 238.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.4 | 3.8 | 14.8 | 9.3 | 7.6 |
Net working capital % | -52.1 % | -38.5 % | -33.8 % | -36.3 % | -35.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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