NORDJYSK EJENDOMSSELSKAB K/S AF 1. MARTS 1988 — Credit Rating and Financial Key Figures

CVR number: 11989233
Ørnevej 4, 9900 Frederikshavn
njejendom@njejendom.dk
tel: 40614042

Company information

Official name
NORDJYSK EJENDOMSSELSKAB K/S AF 1. MARTS 1988
Personnel
1 person
Established
1988
Company form
Limited partnership
Industry

About NORDJYSK EJENDOMSSELSKAB K/S AF 1. MARTS 1988

NORDJYSK EJENDOMSSELSKAB K/S AF 1. MARTS 1988 (CVR number: 11989233) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1517 kDKK in 2023. The operating profit was 853.1 kDKK, while net earnings were 436.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.6 %, 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. NORDJYSK EJENDOMSSELSKAB K/S AF 1. MARTS 1988's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 613.96925.471 578.901 660.881 516.97
EBIT1 038.78313.08939.621 027.68853.06
Net earnings469.33108.11735.515 138.19436.49
Shareholders equity total17 936.7017 309.2117 493.0222 631.2022 240.14
Balance sheet total (assets)41 449.2440 592.4438 815.3338 617.6937 355.95
Net debt22 493.0822 080.3819 487.7314 704.9811 855.35
Profitability
EBIT-%
ROA2.7 %0.9 %2.5 %15.0 %2.7 %
ROE2.6 %0.6 %4.2 %25.6 %1.9 %
ROI2.8 %1.0 %2.6 %15.6 %2.9 %
Economic value added (EVA)-1 010.75-1 718.51-1 048.80- 860.37-1 023.08
Solvency
Equity ratio43.3 %42.6 %45.1 %58.6 %59.6 %
Gearing125.4 %128.6 %114.8 %65.0 %53.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.54.60.61.5
Current ratio2.62.54.60.61.5
Cash and cash equivalents180.89592.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.71%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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