EJENDOMSSELSKABET AF 19/11 1998 ApS — Credit Rating and Financial Key Figures

CVR number: 21321001
Skippervænget 94, Hjerting 6710 Esbjerg V
tel: 20765848

Credit rating

Company information

Official name
EJENDOMSSELSKABET AF 19/11 1998 ApS
Personnel
1 person
Established
1998
Domicile
Hjerting
Company form
Private limited company
Industry

About EJENDOMSSELSKABET AF 19/11 1998 ApS

EJENDOMSSELSKABET AF 19/11 1998 ApS (CVR number: 21321001) is a company from ESBJERG. The company recorded a gross profit of 525.1 kDKK in 2023. The operating profit was 55.8 kDKK, while net earnings were -170.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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 19/11 1998 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 profit1 155.591 184.861 205.481 333.48525.10
EBIT669.342 026.291 657.88-1 577.9555.83
Net earnings420.701 494.371 191.45-1 362.06- 170.94
Shareholders equity total545.707 875.877 567.325 805.255 234.31
Balance sheet total (assets)10 928.2520 048.3120 613.1817 419.4017 907.86
Net debt8 473.557 659.398 375.928 178.219 336.41
Profitability
EBIT-%
ROA6.0 %13.1 %8.2 %-8.3 %0.3 %
ROE16.0 %35.5 %15.4 %-20.4 %-3.1 %
ROI6.2 %13.4 %8.3 %-8.4 %0.3 %
Economic value added (EVA)65.981 377.61730.13-1 771.11- 423.68
Solvency
Equity ratio5.0 %39.3 %36.7 %33.3 %29.2 %
Gearing1602.5 %105.2 %120.2 %141.3 %178.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents271.59625.00722.8923.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:0.32%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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