SYSTEM ESTATE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYSTEM ESTATE A/S
SYSTEM ESTATE A/S (CVR number: 27169732) is a company from AARHUS. The company recorded a gross profit of 2505.8 kDKK in 2024. The operating profit was -529.4 kDKK, while net earnings were -4813 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SYSTEM ESTATE A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 330.81 | 1 736.20 | 22 339.98 | 2 459.41 | 2 505.82 |
| EBIT | -1 043.44 | - 818.65 | 19 309.67 | - 390.65 | - 529.41 |
| Net earnings | - 815.88 | 13 319.76 | 15 712.65 | - 250.02 | -4 812.95 |
| Shareholders equity total | 42 449.19 | 55 768.96 | 71 481.60 | 71 231.58 | 66 418.63 |
| Balance sheet total (assets) | 86 711.71 | 129 601.22 | 126 923.49 | 132 421.01 | 129 942.37 |
| Net debt | 43 047.61 | 72 036.75 | 46 304.62 | 55 470.66 | 62 018.44 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.7 % | 12.4 % | 16.0 % | 1.8 % | -0.2 % |
| ROE | -1.9 % | 27.1 % | 24.7 % | -0.4 % | -7.0 % |
| ROI | -0.8 % | 12.6 % | 16.4 % | 1.8 % | -0.3 % |
| Economic value added (EVA) | -2 674.35 | -2 481.69 | 11 903.73 | -4 422.34 | -4 373.06 |
| Solvency | |||||
| Equity ratio | 49.0 % | 43.0 % | 56.3 % | 53.8 % | 51.1 % |
| Gearing | 101.4 % | 129.8 % | 69.4 % | 77.9 % | 93.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.3 | 0.9 | 0.7 | 0.7 |
| Current ratio | 0.4 | 0.3 | 0.9 | 0.7 | 0.8 |
| Cash and cash equivalents | 352.70 | 3 271.98 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | BBB |
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