Ejendomsselskabet Truevej ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Truevej ApS
Ejendomsselskabet Truevej ApS (CVR number: 38510223) is a company from AARHUS. The company reported a net sales of 1.7 mDKK in 2024, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was at 60.3 % (EBIT: 1 mDKK), while net earnings were 287.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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 Truevej 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 | 1 706.61 | 1 694.19 | 1 694.57 | 1 622.30 | 1 661.21 |
Gross profit | 1 648.17 | 1 563.61 | 1 209.14 | 798.01 | 1 001.12 |
EBIT | 1 648.17 | 1 563.61 | 1 209.14 | 798.01 | 1 001.12 |
Net earnings | 1 039.48 | 987.95 | 683.42 | 251.28 | 287.72 |
Shareholders equity total | 8 272.72 | 8 760.67 | 8 944.10 | 8 445.37 | 8 533.09 |
Balance sheet total (assets) | 32 986.45 | 33 493.46 | 33 576.17 | 32 788.82 | 32 726.91 |
Net debt | 21 167.64 | 20 938.46 | 20 694.45 | 21 218.62 | 21 067.15 |
Profitability | |||||
EBIT-% | 96.6 % | 92.3 % | 71.4 % | 49.2 % | 60.3 % |
ROA | 5.1 % | 4.8 % | 3.6 % | 2.4 % | 3.1 % |
ROE | 13.4 % | 11.6 % | 7.7 % | 2.9 % | 3.4 % |
ROI | 5.2 % | 4.9 % | 3.7 % | 2.5 % | 3.1 % |
Economic value added (EVA) | - 155.59 | - 251.18 | - 540.12 | - 858.51 | - 704.17 |
Solvency | |||||
Equity ratio | 25.2 % | 26.2 % | 26.7 % | 25.8 % | 26.1 % |
Gearing | 265.6 % | 248.8 % | 241.8 % | 254.8 % | 251.0 % |
Relative net indebtedness % | 1281.8 % | 1283.1 % | 1271.4 % | 1350.7 % | 1306.2 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.2 | 0.7 | 0.6 |
Current ratio | 1.0 | 1.0 | 1.1 | 0.6 | 0.6 |
Cash and cash equivalents | 804.89 | 856.36 | 932.10 | 301.73 | 349.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.0 | 1.3 | 9.5 | 22.5 | 2.0 |
Net working capital % | 0.2 % | 1.0 % | 4.0 % | -18.9 % | -19.9 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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