TO Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TO Ejendomme ApS
TO Ejendomme ApS (CVR number: 37169137) is a company from AALBORG. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 60.6 % (EBIT: 0.2 mDKK), while net earnings were 116.8 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 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TO Ejendomme ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 337.34 | 429.40 | 271.64 | 289.64 | 291.44 |
Gross profit | 257.22 | 359.06 | 222.74 | 234.46 | 176.62 |
EBIT | 257.22 | 359.06 | 222.74 | 234.46 | 176.62 |
Net earnings | 162.14 | 254.51 | 149.98 | 161.31 | 116.78 |
Shareholders equity total | 723.41 | 977.93 | 1 127.91 | 1 289.22 | 1 405.99 |
Balance sheet total (assets) | 3 906.18 | 3 364.20 | 3 275.82 | 3 360.60 | 3 391.21 |
Net debt | 3 006.71 | 2 080.24 | 1 959.74 | 1 801.24 | 1 697.03 |
Profitability | |||||
EBIT-% | 76.2 % | 83.6 % | 82.0 % | 80.9 % | 60.6 % |
ROA | 6.6 % | 9.9 % | 6.7 % | 7.1 % | 5.3 % |
ROE | 25.2 % | 29.9 % | 14.2 % | 13.3 % | 8.7 % |
ROI | 6.8 % | 10.2 % | 6.9 % | 7.3 % | 5.4 % |
Economic value added (EVA) | 46.55 | 121.88 | 30.56 | 31.43 | -13.77 |
Solvency | |||||
Equity ratio | 18.5 % | 29.1 % | 34.4 % | 38.4 % | 41.5 % |
Gearing | 422.5 % | 231.7 % | 182.3 % | 153.8 % | 135.8 % |
Relative net indebtedness % | 928.7 % | 512.6 % | 755.1 % | 652.4 % | 608.4 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.6 | 0.6 | 1.1 | 1.3 |
Current ratio | 0.1 | 0.6 | 0.6 | 1.1 | 1.3 |
Cash and cash equivalents | 49.94 | 185.21 | 96.83 | 181.61 | 212.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -195.2 % | -33.6 % | -25.1 % | 6.3 % | 16.0 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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