Ejendomsselskabet Circle A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Circle A/S
Ejendomsselskabet Circle A/S (CVR number: 38258745) is a company from KØBENHAVN. The company recorded a gross profit of 53.8 mDKK in 2024. The operating profit was 30 mDKK, while net earnings were 16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28 %, 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 Circle A/S's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 51 062.00 | 50 755.00 | 53 006.00 | 56 034.00 | 53 752.24 |
EBIT | 48 586.00 | 72 849.00 | 44 930.00 | -86 042.00 | 29 976.36 |
Net earnings | 30 699.00 | 52 544.00 | 30 543.00 | -73 805.00 | 16 230.13 |
Shareholders equity total | 389 245.00 | 410 806.00 | 415 606.00 | 300 878.00 | 278 976.30 |
Balance sheet total (assets) | 1 164 201.00 | 1 179 009.00 | 1 176 484.00 | 1 047 104.00 | 1 010 191.22 |
Net debt | 639 772.00 | 643 784.00 | 660 001.00 | 624 119.00 | 633 775.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 6.3 % | 3.9 % | -7.5 % | 3.3 % |
ROE | 6.6 % | 13.1 % | 7.4 % | -20.6 % | 5.6 % |
ROI | 4.5 % | 6.5 % | 4.0 % | -7.7 % | 3.4 % |
Economic value added (EVA) | -18 507.68 | 990.21 | -22 200.88 | - 124 605.20 | -26 876.40 |
Solvency | |||||
Equity ratio | 33.4 % | 35.1 % | 35.4 % | 29.0 % | 28.0 % |
Gearing | 171.1 % | 162.1 % | 160.2 % | 221.4 % | 238.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.8 | 2.2 | 2.1 | 2.2 |
Current ratio | 1.1 | 1.4 | 2.1 | 1.5 | 1.4 |
Cash and cash equivalents | 26 282.00 | 22 210.00 | 5 990.00 | 41 984.00 | 32 455.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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