K/S SCANDINAVIAN PROPERTY INVESTMENT 13 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S SCANDINAVIAN PROPERTY INVESTMENT 13
K/S SCANDINAVIAN PROPERTY INVESTMENT 13 (CVR number: 31161665) is a company from KØBENHAVN. The company recorded a gross profit of -88.4 kDKK in 2023. The operating profit was -9909.8 kDKK, while net earnings were -11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -41.6 %, which can be considered poor and Return on Equity (ROE) was -152.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. K/S SCANDINAVIAN PROPERTY INVESTMENT 13's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 750.91 | 2 728.20 | |||
Gross profit | 2 360.52 | 2 416.83 | 2 609.86 | 2 673.19 | -88.44 |
EBIT | 797.62 | 2 337.64 | 5 669.94 | 4 652.16 | -9 909.84 |
Net earnings | 885.24 | -1 073.20 | 1 731.30 | 4 177.07 | -11 551.89 |
Shareholders equity total | 8 056.94 | 7 683.74 | 10 015.04 | 14 792.11 | 340.25 |
Balance sheet total (assets) | 44 791.45 | 41 854.35 | 44 389.87 | 46 591.76 | 580.16 |
Net debt | 31 884.19 | 25 436.58 | 32 738.88 | 29 713.62 | - 413.67 |
Profitability | |||||
EBIT-% | 29.0 % | 85.7 % | |||
ROA | 7.5 % | 9.3 % | 13.5 % | 10.5 % | -41.6 % |
ROE | 12.1 % | -13.6 % | 19.6 % | 33.7 % | -152.7 % |
ROI | 7.9 % | 10.5 % | 14.9 % | 10.7 % | -42.7 % |
Economic value added (EVA) | -3 333.16 | -1 859.80 | 1 779.74 | 2 835.56 | -11 846.36 |
Solvency | |||||
Equity ratio | 18.8 % | 18.4 % | 22.9 % | 32.2 % | 58.6 % |
Gearing | 406.2 % | 346.1 % | 334.7 % | 207.9 % | |
Relative net indebtedness % | 1231.0 % | 1203.4 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.1 | 0.2 | 2.4 |
Current ratio | 0.3 | 0.2 | 0.1 | 0.2 | 2.4 |
Cash and cash equivalents | 845.41 | 1 154.71 | 777.88 | 1 036.94 | 413.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -86.6 % | -256.1 % | |||
Credit risk | |||||
Credit rating | AA | A | AA | AA | B |
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