FEDETS EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 33507488
Europaplads 16, 8000 Aarhus C

Company information

Official name
FEDETS EJENDOMSSELSKAB ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About FEDETS EJENDOMSSELSKAB ApS

FEDETS EJENDOMSSELSKAB ApS (CVR number: 33507488) is a company from AARHUS. The company recorded a gross profit of 4138.8 kDKK in 2023. The operating profit was -1189.7 kDKK, while net earnings were 630 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, 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 41.2 %, 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. FEDETS EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 143.571 726.703 354.823 961.304 138.85
EBIT-2 814.078 453.638 593.7414 881.65-1 189.73
Net earnings8 862.696 215.706 458.4212 674.96630.02
Shareholders equity total60 308.6366 834.8073 293.2285 968.1986 598.20
Balance sheet total (assets)156 788.01176 711.55195 252.10210 405.00209 965.31
Net debt85 050.3992 519.59107 504.65106 959.44107 253.78
Profitability
EBIT-%
ROA1.8 %5.6 %5.4 %8.8 %1.4 %
ROE15.9 %9.8 %9.2 %15.9 %0.7 %
ROI1.9 %5.8 %5.6 %9.0 %1.5 %
Economic value added (EVA)-7 978.991 864.841 628.404 601.32-8 344.13
Solvency
Equity ratio38.5 %37.8 %37.5 %40.9 %41.2 %
Gearing144.2 %143.2 %148.5 %126.1 %125.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.40.50.5
Current ratio0.80.70.40.50.5
Cash and cash equivalents1 890.883 156.551 313.961 412.711 248.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:1.45%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.2%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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