EJENDOMSSELSKABET SMEDEVEJ 7, IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 36541008
Smedevej 7, 7430 Ikast

Company information

Official name
EJENDOMSSELSKABET SMEDEVEJ 7, IKAST ApS
Established
2015
Company form
Private limited company
Industry

About EJENDOMSSELSKABET SMEDEVEJ 7, IKAST ApS

EJENDOMSSELSKABET SMEDEVEJ 7, IKAST ApS (CVR number: 36541008) is a company from IKAST-BRANDE. The company recorded a gross profit of 1038.3 kDKK in 2023. The operating profit was 661.3 kDKK, while net earnings were 1447.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 62.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSSELSKABET SMEDEVEJ 7, IKAST ApS's liquidity measured by quick ratio was 0.1 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 profit875.11894.991 069.791 072.341 038.33
EBIT567.41586.93692.89695.44661.33
Net earnings329.39270.83299.25263.431 447.52
Shareholders equity total752.431 023.261 322.521 585.953 033.47
Balance sheet total (assets)14 305.3217 352.3516 616.2817 733.1115 114.24
Net debt9 448.1514 895.1414 988.0915 808.2311 357.69
Profitability
EBIT-%
ROA5.8 %3.9 %4.3 %4.7 %14.5 %
ROE56.0 %30.5 %25.5 %18.1 %62.7 %
ROI6.7 %4.3 %4.3 %4.7 %14.7 %
Economic value added (EVA)423.37493.8026.33-16.73-30.24
Solvency
Equity ratio5.3 %5.9 %8.0 %8.9 %20.1 %
Gearing1450.5 %1565.9 %1133.3 %996.8 %374.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.50.1
Current ratio0.30.40.30.50.1
Cash and cash equivalents1 465.761 128.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-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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