Storebælt Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 31360528
Langes Gård 26, 4200 Slagelse
mail@31360528.dk

Credit rating

Company information

Official name
Storebælt Ejendomme A/S
Personnel
2 persons
Established
1976
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Storebælt Ejendomme A/S

Storebælt Ejendomme A/S (CVR number: 31360528) is a company from SLAGELSE. The company recorded a gross profit of -83.1 kDKK in 2023. The operating profit was -103.1 kDKK, while net earnings were 238.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Storebælt Ejendomme A/S'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 440.1317.55-47.05255.99-83.06
EBIT-1 008.51- 293.94-62.75153.99- 103.06
Net earnings-2 783.44- 534.00- 239.98275.40238.56
Shareholders equity total357.48- 176.52- 416.50- 141.1097.46
Balance sheet total (assets)3 282.941 717.39963.531 068.591 617.42
Net debt408.68- 443.8297.02214.97- 702.93
Profitability
EBIT-%
ROA-19.5 %-8.7 %1.1 %29.3 %13.1 %
ROE-159.1 %-51.5 %-17.9 %27.1 %40.9 %
ROI-22.1 %-12.9 %2.5 %89.3 %103.0 %
Economic value added (EVA)-1 182.96- 306.81-15.92174.96-94.18
Solvency
Equity ratio10.9 %-9.3 %-30.2 %-11.7 %6.0 %
Gearing217.8 %-176.6 %-23.5 %-177.6 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.80.30.11.0
Current ratio1.81.31.11.31.6
Cash and cash equivalents369.97755.530.8335.63715.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.03%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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