EgnsINVEST Danske Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EgnsINVEST Danske Ejendomme ApS
EgnsINVEST Danske Ejendomme ApS (CVR number: 38134736) is a company from HORSENS. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 5679.3 kDKK, while net earnings were 1480.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.4 %, 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. EgnsINVEST Danske Ejendomme ApS's liquidity measured by quick ratio was 0.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 205.03 | 7 735.05 | 8 004.35 | 8 153.29 | 10 450.21 |
EBIT | 8 841.69 | 12 642.29 | 11 934.38 | -6 287.93 | 5 679.29 |
Net earnings | 8 332.56 | 8 412.92 | 7 831.27 | -7 035.17 | 1 480.30 |
Shareholders equity total | 23 794.50 | 32 207.43 | 40 038.69 | 33 003.52 | 46 089.08 |
Balance sheet total (assets) | 194 453.60 | 203 453.54 | 211 666.67 | 202 201.52 | 251 899.58 |
Net debt | 163 073.46 | 161 825.20 | 160 712.06 | 161 414.74 | 192 565.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 6.4 % | 5.8 % | -3.0 % | 3.9 % |
ROE | 39.6 % | 30.0 % | 21.7 % | -19.3 % | 3.7 % |
ROI | 4.7 % | 6.5 % | 5.9 % | -3.1 % | 4.0 % |
Economic value added (EVA) | 1 558.66 | 452.50 | - 524.77 | -15 224.52 | -5 445.83 |
Solvency | |||||
Equity ratio | 12.4 % | 16.0 % | 19.1 % | 16.5 % | 18.4 % |
Gearing | 686.8 % | 505.3 % | 405.3 % | 494.8 % | 426.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Cash and cash equivalents | 359.05 | 928.76 | 1 575.48 | 1 893.95 | 3 843.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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