Ejendomsselskabet Nørregade 44 ApS — Credit Rating and Financial Key Figures

CVR number: 37371467
Nørregade 44, 7400 Herning
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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 984.5 kDKK in 2024. The operating profit was 984.5 kDKK, while net earnings were 357.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 219.43935.08922.64908.49984.54
EBIT405.371 735.08922.64- 637.51984.54
Net earnings52.891 247.50591.90- 759.94357.35
Shareholders equity total2 024.423 271.933 863.833 103.893 461.24
Balance sheet total (assets)24 525.6924 791.8125 247.8923 831.2924 452.13
Net debt19 071.0119 337.5818 892.2219 440.3519 823.12
Profitability
EBIT-%
ROA1.9 %7.6 %4.4 %-1.9 %5.5 %
ROE2.6 %47.1 %16.6 %-21.8 %10.9 %
ROI2.6 %8.3 %4.7 %-2.0 %5.7 %
Economic value added (EVA)- 486.23245.79- 442.04-1 682.48- 366.73
Solvency
Equity ratio8.3 %13.2 %15.3 %13.0 %14.2 %
Gearing988.8 %606.6 %510.4 %627.5 %575.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.70.70.8
Current ratio0.70.70.70.70.8
Cash and cash equivalents945.83508.98830.5336.2398.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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