Ejendomsselskabet Vestre Engvej 10 A/S — Credit Rating and Financial Key Figures

CVR number: 38737740
Hesselkær 22, 7100 Vejle

Company information

Official name
Ejendomsselskabet Vestre Engvej 10 A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry

About Ejendomsselskabet Vestre Engvej 10 A/S

Ejendomsselskabet Vestre Engvej 10 A/S (CVR number: 38737740) is a company from VEJLE. The company recorded a gross profit of 1358.7 kDKK in 2023. The operating profit was 1045.9 kDKK, while net earnings were 890.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ejendomsselskabet Vestre Engvej 10 A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 216.501 192.281 009.04932.251 358.69
EBIT965.10960.681 066.83690.061 045.92
Net earnings727.33731.94833.96563.64890.34
Shareholders equity total14 718.2615 450.2116 284.1716 847.8017 738.14
Balance sheet total (assets)20 020.7620 915.0821 621.9221 887.1122 504.90
Net debt1 752.451 499.101 430.302 126.521 694.10
Profitability
EBIT-%
ROA5.0 %4.9 %5.3 %3.6 %5.5 %
ROE5.1 %4.9 %5.3 %3.4 %5.1 %
ROI5.0 %5.0 %5.4 %3.7 %5.7 %
Economic value added (EVA)- 161.22- 200.56- 143.79- 480.93- 266.67
Solvency
Equity ratio73.5 %73.9 %75.3 %77.0 %78.8 %
Gearing11.9 %9.7 %8.8 %12.6 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.31.71.71.7
Current ratio0.61.31.71.71.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.54%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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