Ejendomsselskabet Skagensgade A/S

CVR number: 36958871
Marselisborg Havnevej 52, 8000 Aarhus C
jesper@actus.as

Credit rating

Company information

Official name
Ejendomsselskabet Skagensgade A/S
Established
2015
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Ejendomsselskabet Skagensgade A/S

Ejendomsselskabet Skagensgade A/S (CVR number: 36958871) is a company from AARHUS. The company reported a net sales of 4 mDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 96.6 % (EBIT: 3.8 mDKK), while net earnings were 2696.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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 Skagensgade A/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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales3 571.373 642.803 715.653 827.373 961.32
Gross profit4 320.4514 705.624 405.893 683.573 827.24
EBIT4 320.4514 705.624 405.893 683.573 827.24
Net earnings3 029.3811 129.733 059.362 493.742 696.27
Shareholders equity total22 895.4633 125.1927 184.5629 678.2932 374.56
Balance sheet total (assets)42 831.8861 442.4956 822.3458 838.4158 631.98
Net debt16 936.9220 855.1622 281.1321 988.8318 679.95
Profitability
EBIT-%121.0 %403.7 %118.6 %96.2 %96.6 %
ROA10.2 %28.2 %7.5 %6.4 %6.5 %
ROE14.2 %39.7 %10.1 %8.8 %8.7 %
ROI10.2 %28.3 %7.5 %6.4 %6.6 %
Economic value added (EVA)1 562.099 518.54799.16561.31598.51
Solvency
Equity ratio53.5 %53.9 %47.8 %50.4 %55.2 %
Gearing74.8 %69.7 %86.5 %76.5 %60.4 %
Relative net indebtedness %528.8 %623.5 %662.6 %641.4 %540.3 %
Liquidity
Quick ratio1.05.50.40.30.4
Current ratio1.05.50.40.30.4
Cash and cash equivalents191.762 228.841 225.39713.83889.88
Capital use efficiency
Trade debtors turnover (days)4.1
Net working capital %-0.3 %189.9 %-64.4 %-85.2 %-49.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.54%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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