Ejendomsselskabet af 01.11. 1989 A/S — Credit Rating and Financial Key Figures

CVR number: 17969048
Lille Strandhuse 11, 5700 Svendborg
per@edc.dk

Company information

Official name
Ejendomsselskabet af 01.11. 1989 A/S
Established
1994
Company form
Limited company
Industry

About Ejendomsselskabet af 01.11. 1989 A/S

Ejendomsselskabet af 01.11. 1989 A/S (CVR number: 17969048) is a company from SVENDBORG. The company recorded a gross profit of 252 kDKK in 2022. The operating profit was 209.5 kDKK, while net earnings were 204.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ejendomsselskabet af 01.11. 1989 A/S's liquidity measured by quick ratio was 0.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit239.72238.73198.52220.49251.98
EBIT197.25196.26155.88178.02209.51
Net earnings141.37173.44146.58168.52204.21
Shareholders equity total2 401.572 470.012 284.792 243.312 417.51
Balance sheet total (assets)3 619.543 602.653 416.483 382.013 347.54
Net debt978.03862.22990.211 006.98803.39
Profitability
EBIT-%
ROA5.5 %5.4 %4.4 %5.2 %6.2 %
ROE6.1 %7.1 %6.2 %7.4 %8.8 %
ROI5.5 %5.6 %4.6 %5.5 %6.5 %
Economic value added (EVA)-14.8122.001.6529.4966.88
Solvency
Equity ratio66.4 %70.2 %68.7 %68.1 %74.2 %
Gearing45.6 %41.0 %43.3 %44.9 %33.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.60.20.20.4
Current ratio1.30.90.20.10.2
Cash and cash equivalents118.12151.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.23%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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