United Denmark 2023 Propco I ApS — Credit Rating and Financial Key Figures

CVR number: 29696888
Sundkrogsgade 21, 2100 København Ø

Company information

Official name
United Denmark 2023 Propco I ApS
Established
2006
Company form
Private limited company
Industry

About United Denmark 2023 Propco I ApS

United Denmark 2023 Propco I ApS (CVR number: 29696888) is a company from KØBENHAVN. The company recorded a gross profit of 11.4 mDKK in 2024. The operating profit was 25.9 mDKK, while net earnings were 32.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. United Denmark 2023 Propco I 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
2020
2021
2022
2023
2024
Volume
Net sales11 099.5914 469.53
Gross profit9 774.3611 023.1813 460.9411 564.1111 374.34
EBIT21 916.6240 568.2518 965.8184 031.5525 923.95
Net earnings21 440.6566 807.1015 660.99106 473.4732 259.32
Shareholders equity total358 150.55419 957.65415 618.64502 092.11534 351.43
Balance sheet total (assets)432 061.77506 995.58571 175.13681 928.31660 674.80
Net debt- 170 345.1737 185.79112 798.28126 948.8661 021.84
Profitability
EBIT-%197.5 %280.4 %
ROA8.6 %16.0 %4.1 %20.9 %6.3 %
ROE11.1 %17.2 %3.7 %23.2 %6.2 %
ROI8.8 %16.4 %4.2 %21.2 %6.4 %
Economic value added (EVA)7 241.5810 127.09-10 057.6037 559.95-13 884.51
Solvency
Equity ratio83.0 %82.8 %72.8 %73.6 %80.9 %
Gearing16.8 %14.0 %30.6 %26.1 %13.7 %
Relative net indebtedness %-1472.1 %343.0 %
Liquidity
Quick ratio30.77.312.60.00.2
Current ratio29.37.312.60.00.2
Cash and cash equivalents230 477.6321 742.4814 259.224 294.8812 367.85
Capital use efficiency
Trade debtors turnover (days)49.422.0
Net working capital %2240.6 %641.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.27%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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