EJENDOMSSELSKABET ISSORTARFIK ApS — Credit Rating and Financial Key Figures

CVR number: 12660464
Issortarfimmut 13, 3905 Nuussuaq

Company information

Official name
EJENDOMSSELSKABET ISSORTARFIK ApS
Established
2012
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ISSORTARFIK ApS

EJENDOMSSELSKABET ISSORTARFIK ApS (CVR number: 12660464) is a company from SERMERSOOQ. The company recorded a gross profit of 2354.6 kDKK in 2023. The operating profit was 1107 kDKK, while net earnings were 590.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EJENDOMSSELSKABET ISSORTARFIK ApS's liquidity measured by quick ratio was 0 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 sales2 127.202 284.602 284.60
Gross profit1 861.472 053.302 052.312 292.592 354.60
EBIT3 316.613 352.922 794.512 216.121 106.99
Net earnings3 199.592 384.572 306.671 496.56590.70
Shareholders equity total18 000.0419 649.6121 221.2821 967.8421 808.54
Balance sheet total (assets)26 471.3028 178.5631 143.2232 387.8731 146.58
Net debt-7.26-2.56- 193.09-10.12-16.44
Profitability
EBIT-%155.9 %146.8 %122.3 %
ROA13.6 %12.3 %9.4 %7.0 %3.5 %
ROE18.6 %12.7 %11.3 %6.9 %2.7 %
ROI15.1 %14.1 %10.9 %8.2 %4.0 %
Economic value added (EVA)2 445.351 560.261 397.06605.00- 273.46
Solvency
Equity ratio68.0 %69.7 %68.1 %67.8 %70.0 %
Gearing
Relative net indebtedness %179.2 %145.1 %192.7 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents7.262.56193.0910.1216.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-179.2 %-145.1 %-192.7 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.49%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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