EJENDOMSSELSKABET PRANGERVEJ A/S — Credit Rating and Financial Key Figures

CVR number: 32938523
Prangervej 85, 7000 Fredericia
kwc@koebmandsgaarden.com
tel: 22606090

Credit rating

Company information

Official name
EJENDOMSSELSKABET PRANGERVEJ A/S
Established
2010
Company form
Limited company
Industry

About EJENDOMSSELSKABET PRANGERVEJ A/S

EJENDOMSSELSKABET PRANGERVEJ A/S (CVR number: 32938523) is a company from FREDERICIA. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -19.5 % compared to the previous year. The operating profit percentage was poor at -30.9 % (EBIT: -0.2 mDKK), while net earnings were -530.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -29.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.2 %, 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 PRANGERVEJ A/S'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 034.94994.031 009.80933.58751.78
Gross profit424.68583.86630.77547.96- 170.71
EBIT321.06465.36490.31482.93- 231.93
Net earnings29.96170.1045.6622.89- 530.63
Shareholders equity total3 348.083 518.173 563.833 586.7256.10
Balance sheet total (assets)7 685.277 653.585 568.385 387.554 841.03
Net debt2 630.722 278.461 066.22906.574 331.02
Profitability
EBIT-%31.0 %46.8 %48.6 %51.7 %-30.9 %
ROA0.6 %2.9 %1.4 %1.1 %-11.7 %
ROE0.9 %5.0 %1.3 %0.6 %-29.1 %
ROI0.8 %3.2 %1.5 %1.1 %-11.8 %
Economic value added (EVA)-59.9690.75104.79218.30- 354.27
Solvency
Equity ratio43.6 %46.0 %64.0 %66.6 %1.2 %
Gearing89.3 %84.8 %30.9 %28.9 %8100.0 %
Relative net indebtedness %366.3 %321.8 %169.9 %152.3 %577.9 %
Liquidity
Quick ratio2.04.80.30.50.1
Current ratio2.04.80.30.50.1
Cash and cash equivalents360.63706.0033.78129.19212.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %79.2 %154.6 %-90.1 %-52.1 %-547.5 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-11.7%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.16%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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