TB Ejendomme Mejlskov ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TB Ejendomme Mejlskov ApS
TB Ejendomme Mejlskov ApS (CVR number: 40614737) is a company from FREDERICIA. The company recorded a gross profit of 624.4 kDKK in 2023. The operating profit was -401 kDKK, while net earnings were -450.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TB Ejendomme Mejlskov ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 481.31 | 596.57 | 565.92 | 519.51 | 624.37 |
EBIT | 403.39 | 420.51 | 284.28 | 257.09 | - 401.02 |
Net earnings | 202.41 | 183.49 | 74.75 | 59.75 | - 450.93 |
Shareholders equity total | 2 236.33 | 2 309.22 | 2 270.97 | 2 216.32 | 1 647.60 |
Balance sheet total (assets) | 8 504.20 | 8 406.85 | 8 420.65 | 8 154.50 | 7 502.74 |
Net debt | 4 183.63 | 4 140.10 | 4 186.44 | 4 285.04 | 4 546.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 5.0 % | 3.4 % | 3.1 % | -5.1 % |
ROE | 9.1 % | 8.1 % | 3.3 % | 2.7 % | -23.3 % |
ROI | 5.0 % | 5.2 % | 3.5 % | 3.2 % | -5.3 % |
Economic value added (EVA) | 304.98 | 246.29 | 38.60 | 30.01 | - 486.02 |
Solvency | |||||
Equity ratio | 26.3 % | 27.5 % | 27.0 % | 27.2 % | 22.0 % |
Gearing | 253.6 % | 239.6 % | 247.2 % | 247.2 % | 337.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.9 | 0.9 | 2.0 |
Current ratio | 1.0 | 1.0 | 0.9 | 0.9 | 2.0 |
Cash and cash equivalents | 1 488.13 | 1 393.09 | 1 426.60 | 1 194.00 | 1 007.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BB |
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