K/S ESPOO, FINNO — Credit Rating and Financial Key Figures

CVR number: 28840985
Frederiksberg Alle 60 A, 1820 Frederiksberg C
tjg@norcap.dk
tel: 33170301

Credit rating

Company information

Official name
K/S ESPOO, FINNO
Established
2005
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S ESPOO, FINNO

K/S ESPOO, FINNO (CVR number: 28840985) is a company from FREDERIKSBERG. The company reported a net sales of 3.7 mDKK in 2023, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 26.4 % (EBIT: 1 mDKK), while net earnings were 205.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S ESPOO, FINNO's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales3 080.023 052.223 442.533 403.023 693.78
Gross profit3 435.822 270.762 879.512 760.262 982.84
EBIT2 559.342 270.764 624.516 428.60973.54
Net earnings1 893.521 751.574 109.545 960.08205.62
Shareholders equity total17 333.0419 084.6123 194.1529 154.2329 359.85
Balance sheet total (assets)39 884.7240 783.7341 929.8945 413.8543 339.63
Net debt21 818.4120 556.1317 922.0915 290.8013 146.54
Profitability
EBIT-%83.1 %74.4 %134.3 %188.9 %26.4 %
ROA6.4 %5.9 %11.2 %14.7 %2.2 %
ROE11.6 %9.6 %19.4 %22.8 %0.7 %
ROI6.5 %5.9 %11.4 %14.9 %2.2 %
Economic value added (EVA)894.21587.432 908.864 599.97-1 071.60
Solvency
Equity ratio43.5 %46.8 %55.3 %64.2 %67.7 %
Gearing127.4 %110.7 %78.1 %53.7 %45.6 %
Relative net indebtedness %723.5 %692.4 %538.8 %467.4 %372.3 %
Liquidity
Quick ratio0.10.20.10.10.1
Current ratio0.10.20.10.10.1
Cash and cash equivalents267.43564.66189.06353.29229.52
Capital use efficiency
Trade debtors turnover (days)13.986.052.6
Net working capital %-186.2 %-157.0 %-135.5 %-113.4 %-84.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:2.21%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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