COMET EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 28322011
Rolighedsvej 28, 7400 Herning

Company information

Official name
COMET EJENDOMME ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About COMET EJENDOMME ApS

COMET EJENDOMME ApS (CVR number: 28322011) is a company from HERNING. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was at 66.5 % (EBIT: 0.8 mDKK), while net earnings were 466.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. COMET EJENDOMME ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 038.00826.00884.001 078.001 213.38
Gross profit879.00628.00465.00424.00843.45
EBIT843.00-1 382.00429.00388.00807.45
Net earnings474.00-1 255.00162.00147.00466.11
Shareholders equity total2 701.001 446.004 983.005 129.005 595.78
Balance sheet total (assets)17 917.0015 827.0017 075.0017 229.0017 423.70
Net debt13 380.0012 739.0010 832.0010 475.009 897.19
Profitability
EBIT-%81.2 %-167.3 %48.5 %36.0 %66.5 %
ROA4.7 %-8.2 %2.6 %2.3 %4.7 %
ROE19.2 %-60.5 %5.0 %2.9 %8.7 %
ROI4.8 %-8.3 %2.6 %2.3 %4.7 %
Economic value added (EVA)- 109.53-1 846.37- 344.25- 478.83- 134.40
Solvency
Equity ratio15.1 %9.1 %29.2 %29.8 %32.1 %
Gearing495.4 %881.0 %220.4 %206.5 %182.4 %
Relative net indebtedness %1366.8 %1659.3 %1269.1 %1040.4 %875.3 %
Liquidity
Quick ratio0.10.00.30.61.0
Current ratio0.10.00.30.61.0
Cash and cash equivalents152.00118.00308.09
Capital use efficiency
Trade debtors turnover (days)2.17.15.5
Net working capital %-84.2 %-122.8 %-36.8 %-21.2 %0.3 %
Credit risk
Credit ratingAABBBAAAA

Variable visualization

ROA:4.68%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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