EJENDOMSSELSKABET VENØGADE 24 A/S — Credit Rating and Financial Key Figures

CVR number: 35811370
Marselisborg Havnevej 52, 8000 Aarhus C
jesper@actus.as

Company information

Official name
EJENDOMSSELSKABET VENØGADE 24 A/S
Established
2014
Company form
Limited company
Industry

About EJENDOMSSELSKABET VENØGADE 24 A/S

EJENDOMSSELSKABET VENØGADE 24 A/S (CVR number: 35811370) is a company from AARHUS. The company reported a net sales of 3.3 mDKK in 2024, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 137.1 % (EBIT: 4.5 mDKK), while net earnings were 2523.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. EJENDOMSSELSKABET VENØGADE 24 A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 795.122 822.072 968.353 168.113 275.96
Gross profit2 923.186 653.713 334.072 344.994 491.82
EBIT2 923.186 653.713 334.072 344.994 491.82
Net earnings1 966.954 878.482 302.081 548.742 523.32
Shareholders equity total19 203.8123 082.3024 384.3824 633.1123 703.13
Balance sheet total (assets)55 445.2160 437.2361 753.8661 856.4163 564.04
Net debt31 473.2031 263.0530 714.5230 401.8133 079.46
Profitability
EBIT-%104.6 %235.8 %112.3 %74.0 %137.1 %
ROA5.3 %11.5 %5.5 %3.8 %7.2 %
ROE10.5 %23.1 %9.7 %6.3 %10.4 %
ROI5.4 %11.7 %5.6 %3.9 %7.3 %
Economic value added (EVA)- 215.312 654.56- 118.37- 927.69748.01
Solvency
Equity ratio34.8 %38.4 %39.7 %40.0 %37.5 %
Gearing170.4 %140.7 %132.2 %129.9 %144.4 %
Relative net indebtedness %1163.1 %1153.8 %1076.3 %1000.6 %1046.1 %
Liquidity
Quick ratio1.41.21.41.41.0
Current ratio1.11.01.11.10.8
Cash and cash equivalents1 245.401 217.921 526.361 596.491 159.10
Capital use efficiency
Trade debtors turnover (days)4.12.15.8
Net working capital %2.5 %-0.1 %2.6 %3.6 %-10.2 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer

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