EJENDOMSSELSKABET CHRIS 2 ApS — Credit Rating and Financial Key Figures

CVR number: 29315868
Strandvangsvej 116, 8250 Egå

Company information

Official name
EJENDOMSSELSKABET CHRIS 2 ApS
Established
2006
Company form
Private limited company
Industry

About EJENDOMSSELSKABET CHRIS 2 ApS

EJENDOMSSELSKABET CHRIS 2 ApS (CVR number: 29315868) is a company from AARHUS. The company recorded a gross profit of 757.7 kDKK in 2023. The operating profit was 668.7 kDKK, while net earnings were 316.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.5 %, 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. EJENDOMSSELSKABET CHRIS 2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales959.00971.001 001.00
Gross profit816.00840.00784.00792.00757.70
EBIT725.00750.00694.00703.00668.73
Net earnings503.00544.00481.00484.00316.86
Shareholders equity total1 555.00274.00755.001 240.001 556.09
Balance sheet total (assets)21 577.0021 618.0021 558.0020 929.0020 731.77
Net debt19 123.0020 181.0019 454.0018 901.0018 539.55
Profitability
EBIT-%75.6 %77.2 %69.3 %
ROA3.2 %3.5 %3.2 %3.3 %3.2 %
ROE38.6 %59.5 %93.5 %48.5 %22.7 %
ROI3.2 %3.5 %3.3 %3.4 %3.3 %
Economic value added (EVA)- 167.7178.90107.52107.01152.43
Solvency
Equity ratio7.2 %1.3 %3.5 %5.9 %7.5 %
Gearing1260.0 %7589.1 %2662.6 %1533.1 %1192.2 %
Relative net indebtedness %2026.0 %2122.9 %2001.8 %
Liquidity
Quick ratio0.00.10.10.00.0
Current ratio0.00.10.10.00.0
Cash and cash equivalents470.00613.00649.00109.0012.01
Capital use efficiency
Trade debtors turnover (days)7.2
Net working capital %-1048.2 %-1171.1 %-1103.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.21%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.51%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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