Ejendomsselskabet Hjortevej 18 ApS — Credit Rating and Financial Key Figures

CVR number: 40111964
Landkildevej 60, Tornbjerg 5220 Odense SØ

Credit rating

Company information

Official name
Ejendomsselskabet Hjortevej 18 ApS
Established
2018
Domicile
Tornbjerg
Company form
Private limited company
Industry

About Ejendomsselskabet Hjortevej 18 ApS

Ejendomsselskabet Hjortevej 18 ApS (CVR number: 40111964) is a company from ODENSE. The company recorded a gross profit of -351.9 kDKK in 2023. The operating profit was -379.1 kDKK, while net earnings were -468.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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 Hjortevej 18 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 profit261.00186.0010.00-75.00- 351.95
EBIT261.00170.00-6.00-99.00- 379.15
Net earnings134.0069.00-83.00- 180.00- 468.20
Shareholders equity total184.00252.001 998.001 808.001 329.17
Balance sheet total (assets)2 951.003 131.005 455.006 147.005 581.38
Net debt2 633.002 795.002 927.002 855.003 561.11
Profitability
EBIT-%
ROA8.8 %5.6 %-0.1 %-1.7 %-6.5 %
ROE72.8 %31.7 %-7.4 %-9.5 %-29.8 %
ROI9.3 %5.8 %-0.1 %-1.8 %-7.0 %
Economic value added (EVA)203.34122.55- 143.49- 303.62- 489.76
Solvency
Equity ratio6.2 %8.0 %36.6 %29.4 %23.8 %
Gearing1431.0 %1109.1 %146.7 %186.6 %267.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.40.0
Current ratio0.00.00.00.40.0
Cash and cash equivalents4.00518.000.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.47%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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