EJENDOMSSELSKABET AF 1988 ApS — Credit Rating and Financial Key Figures

CVR number: 12343604
Bakkekammen 188, Græse Bakkeby 3600 Frederikssund
birgit.zoffmann@outlook.com
tel: 48415285

Credit rating

Company information

Official name
EJENDOMSSELSKABET AF 1988 ApS
Established
1988
Domicile
Græse Bakkeby
Company form
Private limited company
Industry

About EJENDOMSSELSKABET AF 1988 ApS

EJENDOMSSELSKABET AF 1988 ApS (CVR number: 12343604) is a company from FREDERIKSSUND. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -46.9 % compared to the previous year. The operating profit percentage was poor at -817.7 % (EBIT: -1 mDKK), while net earnings were -847.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -28.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. EJENDOMSSELSKABET AF 1988 ApS'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
2019
2020
2021
2022
2023
Volume
Net sales576.01319.33281.49229.90122.15
Gross profit297.991 015.54- 129.6677.8518.98
EBIT186.601 059.64-0.011 790.86- 998.88
Net earnings37.48820.04- 118.381 302.89- 847.28
Shareholders equity total1 123.421 943.452 106.573 409.462 562.18
Balance sheet total (assets)5 971.406 952.965 397.577 125.434 620.37
Net debt4 688.954 736.283 086.023 275.701 915.72
Profitability
EBIT-%32.4 %331.8 %-0.0 %779.0 %-817.7 %
ROA3.1 %16.4 %0.0 %28.6 %-17.0 %
ROE3.4 %53.5 %-5.8 %47.2 %-28.4 %
ROI3.2 %16.9 %0.0 %29.0 %-17.2 %
Economic value added (EVA)-93.79693.45- 187.031 175.63-1 025.55
Solvency
Equity ratio18.8 %28.0 %39.1 %47.8 %55.5 %
Gearing418.5 %245.6 %150.7 %96.4 %74.9 %
Relative net indebtedness %839.1 %1556.9 %1136.9 %1446.4 %1626.4 %
Liquidity
Quick ratio0.12.20.50.30.2
Current ratio0.12.20.50.30.2
Cash and cash equivalents12.7936.5588.9011.834.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-36.6 %584.5 %-40.9 %-29.7 %-70.0 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-17.0%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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