EJENDOMSSELSKABET INDUSTRIVEJ 10, RØNNEDE ApS — Credit Rating and Financial Key Figures

CVR number: 21185736
Industrivej 10, 4683 Rønnede

Credit rating

Company information

Official name
EJENDOMSSELSKABET INDUSTRIVEJ 10, RØNNEDE ApS
Established
1998
Company form
Private limited company
Industry

About EJENDOMSSELSKABET INDUSTRIVEJ 10, RØNNEDE ApS

EJENDOMSSELSKABET INDUSTRIVEJ 10, RØNNEDE ApS (CVR number: 21185736) is a company from FAXE. The company recorded a gross profit of 209.1 kDKK in 2023. The operating profit was 191.1 kDKK, while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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 INDUSTRIVEJ 10, RØNNEDE 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit222.50214.15221.96150.52209.10
EBIT194.15185.80182.53111.08191.11
Net earnings142.24136.5693.5921.1192.19
Shareholders equity total948.751 085.321 178.91650.02742.21
Balance sheet total (assets)2 434.122 491.473 551.462 965.773 011.47
Net debt955.28867.04856.751 188.191 734.60
Profitability
EBIT-%
ROA8.0 %7.5 %6.2 %3.4 %6.4 %
ROE16.2 %13.4 %8.3 %2.3 %13.2 %
ROI8.5 %8.0 %6.5 %3.7 %6.9 %
Economic value added (EVA)68.8158.3145.45-7.5959.89
Solvency
Equity ratio39.0 %43.6 %33.2 %21.9 %24.6 %
Gearing101.1 %80.1 %152.6 %252.9 %235.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.53.91.40.2
Current ratio0.10.53.91.40.2
Cash and cash equivalents3.772.28941.81455.9213.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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