EJENDOMMEN NØRREGADE 10-12 VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 34591873
Grønningen 38, 8700 Horsens

Company information

Official name
EJENDOMMEN NØRREGADE 10-12 VEJLE ApS
Personnel
2 persons
Established
2012
Company form
Private limited company
Industry

About EJENDOMMEN NØRREGADE 10-12 VEJLE ApS

EJENDOMMEN NØRREGADE 10-12 VEJLE ApS (CVR number: 34591873) is a company from HORSENS. The company recorded a gross profit of 2257.4 kDKK in 2023. The operating profit was 1882 kDKK, while net earnings were 831.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, 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. EJENDOMMEN NØRREGADE 10-12 VEJLE ApS's liquidity measured by quick ratio was 0 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 261.571 832.692 068.402 397.112 257.39
EBIT- 333.021 210.581 683.511 934.611 882.01
Net earnings-1 095.4715.60757.65861.58831.55
Shareholders equity total3 024.612 840.203 497.854 259.434 990.98
Balance sheet total (assets)39 760.0039 510.9539 365.0439 592.7239 777.39
Net debt33 163.5633 515.2432 830.2431 950.3631 372.21
Profitability
EBIT-%
ROA-0.8 %3.1 %4.3 %4.9 %4.7 %
ROE-18.8 %0.5 %23.9 %22.2 %18.0 %
ROI-0.8 %3.1 %4.4 %5.0 %4.9 %
Economic value added (EVA)-1 876.36- 337.67147.66108.5675.34
Solvency
Equity ratio7.6 %7.2 %8.9 %10.8 %12.5 %
Gearing1121.2 %1195.0 %942.5 %755.6 %631.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents749.57423.90137.74235.35132.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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