Marselis Boulevard ApS — Credit Rating and Financial Key Figures

CVR number: 39782413
Søndergade 74, 8000 Aarhus C
abel@abel.dk
tel: 89319000
www.abel.dk

Credit rating

Company information

Official name
Marselis Boulevard ApS
Established
1955
Company form
Private limited company
Industry

About Marselis Boulevard ApS

Marselis Boulevard ApS (CVR number: 39782413) is a company from AARHUS. The company recorded a gross profit of 469.5 kDKK in 2023. The operating profit was -183.5 kDKK, while net earnings were -198.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.8 %, 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. Marselis Boulevard ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit467.09211.20423.26442.80469.55
EBIT489.38523.702 497.26- 450.20- 183.45
Net earnings380.69397.771 747.34- 383.75- 198.42
Shareholders equity total10 597.4810 995.2512 742.592 858.842 660.42
Balance sheet total (assets)16 777.6617 154.8327 078.1018 887.9917 002.22
Net debt3 161.203 190.6210 627.2612 137.919 847.39
Profitability
EBIT-%
ROA3.2 %3.3 %11.4 %-1.8 %-1.0 %
ROE3.7 %3.7 %14.7 %-4.9 %-7.2 %
ROI3.4 %3.4 %11.8 %-1.9 %-1.1 %
Economic value added (EVA)- 240.06- 258.821 266.67-1 524.42- 802.50
Solvency
Equity ratio63.7 %64.6 %47.3 %15.3 %15.8 %
Gearing30.8 %30.0 %85.5 %446.4 %409.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.615.10.91.1
Current ratio1.41.412.30.91.0
Cash and cash equivalents103.15110.76271.54624.421 037.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-1.02%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.8%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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