EJENDOMSSELSKABET GL. KONGEVEJ K/S — Credit Rating and Financial Key Figures

CVR number: 17262130
Danalien 1, 9000 Aalborg
dke@dke.dk
tel: 88334848

Credit rating

Company information

Official name
EJENDOMSSELSKABET GL. KONGEVEJ K/S
Established
1993
Company form
Limited partnership
Industry

About EJENDOMSSELSKABET GL. KONGEVEJ K/S

EJENDOMSSELSKABET GL. KONGEVEJ K/S (CVR number: 17262130) is a company from AALBORG. The company recorded a gross profit of 1839.1 kDKK in 2023. The operating profit was 6040.4 kDKK, while net earnings were 5589.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EJENDOMSSELSKABET GL. KONGEVEJ K/S'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 profit1 509.411 682.691 578.411 771.341 839.14
EBIT1 509.411 682.694 722.16512.866 040.39
Net earnings1 027.281 183.044 247.17201.075 589.19
Shareholders equity total30 078.1826 261.2130 508.3830 709.4636 298.65
Balance sheet total (assets)57 556.5154 681.3558 446.7859 882.4466 138.98
Net debt23 302.7025 672.4224 780.1726 116.3828 509.72
Profitability
EBIT-%
ROA2.7 %3.0 %8.4 %1.2 %9.9 %
ROE3.4 %4.2 %15.0 %0.7 %16.7 %
ROI2.8 %3.1 %8.8 %1.3 %10.2 %
Economic value added (EVA)-1 231.91- 971.582 141.21-2 235.413 260.49
Solvency
Equity ratio53.1 %48.9 %53.1 %51.3 %54.9 %
Gearing87.7 %98.2 %82.6 %85.0 %78.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.70.10.20.50.4
Current ratio2.10.00.10.50.4
Cash and cash equivalents3 078.59125.32420.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.93%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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