NORDJYSK EJENDOMSSELSKAB FREDERIKSHAVN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDJYSK EJENDOMSSELSKAB FREDERIKSHAVN ApS
NORDJYSK EJENDOMSSELSKAB FREDERIKSHAVN ApS (CVR number: 32442218) is a company from FREDERIKSHAVN. The company recorded a gross profit of 445.6 kDKK in 2023. The operating profit was 441.8 kDKK, while net earnings were 315.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. NORDJYSK EJENDOMSSELSKAB FREDERIKSHAVN ApS's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 159.84 | 211.23 | 393.76 | 481.68 | 445.58 |
EBIT | 159.84 | 211.23 | 361.73 | 419.40 | 441.80 |
Net earnings | 65.75 | 88.54 | 259.80 | 267.81 | 315.72 |
Shareholders equity total | 886.61 | 975.14 | 1 234.94 | 1 502.75 | 1 818.48 |
Balance sheet total (assets) | 1 116.33 | 1 462.44 | 1 706.88 | 2 384.85 | 3 028.36 |
Net debt | - 224.36 | - 302.10 | - 199.81 | - 166.30 | 160.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | 16.4 % | 22.8 % | 20.5 % | 16.3 % |
ROE | 7.7 % | 9.5 % | 23.5 % | 19.6 % | 19.0 % |
ROI | 17.5 % | 21.4 % | 29.0 % | 23.6 % | 18.8 % |
Economic value added (EVA) | 95.93 | 131.52 | 246.39 | 277.86 | 301.94 |
Solvency | |||||
Equity ratio | 79.4 % | 66.7 % | 72.4 % | 63.2 % | 60.2 % |
Gearing | 18.0 % | 39.2 % | 43.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.2 | 1.3 | 1.0 | 0.6 |
Current ratio | 3.4 | 1.5 | 1.6 | 1.3 | 0.8 |
Cash and cash equivalents | 224.36 | 302.10 | 422.59 | 755.99 | 629.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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