Ejendomsselskabet Ribersgade A/S — Credit Rating and Financial Key Figures

CVR number: 40254781
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Ribersgade A/S
Established
2019
Company form
Limited company
Industry

About Ejendomsselskabet Ribersgade A/S

Ejendomsselskabet Ribersgade A/S (CVR number: 40254781) is a company from AARHUS. The company reported a net sales of 2 mDKK in 2024, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 20.2 % (EBIT: 0.4 mDKK), while net earnings were 43.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.3 %, 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. Ejendomsselskabet Ribersgade A/S's liquidity measured by quick ratio was 0.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 105.462 241.342 209.382 158.241 993.56
Gross profit1 077.083 345.061 398.38880.87401.79
EBIT1 077.083 345.061 398.38880.87401.79
Net earnings676.442 410.92918.18526.3843.37
Shareholders equity total9 605.7512 016.6712 934.8513 211.2312 954.60
Balance sheet total (assets)29 901.2232 387.5632 951.2032 951.2632 228.46
Net debt18 929.3218 313.2417 753.6617 045.6117 017.53
Profitability
EBIT-%51.2 %149.2 %63.3 %40.8 %20.2 %
ROA3.6 %10.7 %4.3 %2.7 %1.3 %
ROE7.3 %22.3 %7.4 %4.0 %0.3 %
ROI3.7 %11.1 %4.4 %2.8 %1.3 %
Economic value added (EVA)- 555.891 206.05- 410.54- 834.62-1 187.10
Solvency
Equity ratio32.2 %37.2 %39.4 %40.3 %40.3 %
Gearing197.1 %153.2 %138.8 %132.8 %132.5 %
Relative net indebtedness %942.7 %858.3 %842.7 %832.9 %896.2 %
Liquidity
Quick ratio0.20.30.50.50.2
Current ratio0.20.30.50.50.2
Cash and cash equivalents101.30204.46499.05145.80
Capital use efficiency
Trade debtors turnover (days)24.629.717.113.1
Net working capital %-58.6 %-41.2 %-31.0 %-29.0 %-44.3 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:1.26%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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