Ejendomsselskabet Nørregade 44 ApS — Credit Rating and Financial Key Figures

CVR number: 37371467
Nørregade 44, 7400 Herning

Credit rating

Company information

Official name
Ejendomsselskabet Nørregade 44 ApS
Established
2016
Company form
Private limited company
Industry

About Ejendomsselskabet Nørregade 44 ApS

Ejendomsselskabet Nørregade 44 ApS (CVR number: 37371467) is a company from HERNING. The company recorded a gross profit of 908.5 kDKK in 2023. The operating profit was -637.5 kDKK, while net earnings were -759.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Nørregade 44 ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 546.561 219.43935.08922.64908.49
EBIT1 546.56405.371 735.08922.64- 637.51
Net earnings986.0152.891 247.50591.90- 759.94
Shareholders equity total1 971.542 024.423 271.933 863.833 103.89
Balance sheet total (assets)27 038.4024 525.6924 791.8125 247.8923 831.29
Net debt9 831.5819 071.0119 337.5818 892.2219 440.35
Profitability
EBIT-%
ROA6.0 %1.9 %7.6 %4.4 %-1.9 %
ROE66.7 %2.6 %47.1 %16.6 %-21.8 %
ROI10.2 %2.6 %8.3 %4.7 %-2.0 %
Economic value added (EVA)477.38- 264.72709.239.38-1 202.63
Solvency
Equity ratio7.3 %8.3 %13.2 %15.3 %13.0 %
Gearing710.0 %988.8 %606.6 %510.4 %627.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.70.70.7
Current ratio0.60.70.70.70.7
Cash and cash equivalents4 165.43945.83508.98830.5336.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-1.86%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.0%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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