Pure Property DK 1 ApS — Credit Rating and Financial Key Figures

CVR number: 39340933
Solbakkevej 9, 8700 Horsens

Company information

Official name
Pure Property DK 1 ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Pure Property DK 1 ApS

Pure Property DK 1 ApS (CVR number: 39340933) is a company from HORSENS. The company recorded a gross profit of 589 kDKK in 2023. The operating profit was 323.2 kDKK, while net earnings were 29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 16.4 %, 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. Pure Property DK 1 ApS's liquidity measured by quick ratio was 0.4 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 profit332.86164.57450.97316.65589.00
EBIT159.85-38.81231.8776.87323.16
Net earnings-45.37- 435.50-25.26- 127.2329.76
Shareholders equity total61.17- 374.33- 399.59- 526.81- 497.05
Balance sheet total (assets)9 195.029 656.399 783.7010 977.0011 926.70
Net debt7 512.779 444.449 325.4511 052.7110 752.31
Profitability
EBIT-%
ROA2.1 %-0.4 %2.3 %0.7 %2.7 %
ROE-54.1 %-9.0 %-0.3 %-1.2 %0.3 %
ROI2.1 %-0.4 %2.3 %0.7 %2.7 %
Economic value added (EVA)-68.80- 197.49-74.36- 128.17-39.65
Solvency
Equity ratio22.5 %18.2 %19.1 %16.7 %16.4 %
Gearing14535.7 %-2623.1 %-2502.6 %-2149.3 %-2459.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.30.10.4
Current ratio0.50.20.30.10.4
Cash and cash equivalents1 378.71374.48674.81270.241 473.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:2.69%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.4%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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