Abel Ejendomsadministration ApS — Credit Rating and Financial Key Figures

CVR number: 34219303
Søndergade 74, 8000 Aarhus C
abel@abel.dk
tel: 89319000
www.abel.dk

Credit rating

Company information

Official name
Abel Ejendomsadministration ApS
Personnel
8 persons
Established
2012
Company form
Private limited company
Industry

About Abel Ejendomsadministration ApS

Abel Ejendomsadministration ApS (CVR number: 34219303) is a company from AARHUS. The company recorded a gross profit of 1855.8 kDKK in 2023. The operating profit was 245.6 kDKK, while net earnings were 182.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.8 %, which can be considered excellent and Return on Equity (ROE) was 89.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.9 %, 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. Abel Ejendomsadministration ApS'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 sales518.97
Gross profit518.97518.76467.85235.131 855.84
EBIT23.3224.8520.12- 266.07245.62
Net earnings12.5614.5411.24- 248.89182.16
Shareholders equity total211.88226.43237.67-11.22170.94
Balance sheet total (assets)560.44620.37312.48234.451 914.73
Net debt- 240.84- 308.44-41.08-22.70- 383.26
Profitability
EBIT-%4.5 %
ROA4.0 %4.2 %4.8 %-95.1 %22.8 %
ROE6.1 %6.6 %4.8 %-105.4 %89.9 %
ROI11.3 %11.3 %9.7 %-223.4 %245.3 %
Economic value added (EVA)17.1720.8419.82- 257.92192.29
Solvency
Equity ratio37.8 %36.5 %76.1 %-4.6 %8.9 %
Gearing
Relative net indebtedness %20.8 %
Liquidity
Quick ratio0.81.02.00.50.4
Current ratio0.81.02.00.50.4
Cash and cash equivalents240.84308.4441.0822.70383.26
Capital use efficiency
Trade debtors turnover (days)8.9
Net working capital %-14.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:22.8%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.93%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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