Ejendomsselskabet Nørregade 22-24 A/S — Credit Rating and Financial Key Figures

CVR number: 41488417
Alexander Foss Gade 13, 9000 Aalborg

Company information

Official name
Ejendomsselskabet Nørregade 22-24 A/S
Personnel
1 person
Established
2020
Company form
Limited company
Industry

About Ejendomsselskabet Nørregade 22-24 A/S

Ejendomsselskabet Nørregade 22-24 A/S (CVR number: 41488417) is a company from AALBORG. The company recorded a gross profit of 1982 kDKK in 2023. The operating profit was 2182 kDKK, while net earnings were 1840.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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 Nørregade 22-24 A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit995.601 648.991 761.891 585.561 982.04
EBIT995.602 451.391 761.891 585.562 182.04
Net earnings715.462 279.411 488.161 357.421 840.66
Shareholders equity total14 670.4616 949.8715 938.0416 495.4618 336.12
Balance sheet total (assets)58 358.3460 137.6858 821.5158 949.6159 624.12
Net debt39 383.1339 027.3338 992.7538 831.7237 852.65
Profitability
EBIT-%
ROA1.7 %4.1 %3.0 %2.7 %3.7 %
ROE4.9 %14.4 %9.0 %8.4 %10.6 %
ROI1.7 %4.2 %3.0 %2.8 %3.8 %
Economic value added (EVA)775.40- 250.44-1 142.85-1 201.90- 759.08
Solvency
Equity ratio25.2 %28.3 %27.2 %28.0 %30.8 %
Gearing268.5 %230.4 %245.5 %236.4 %207.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.40.10.10.6
Current ratio0.61.20.10.10.6
Cash and cash equivalents18.94142.81166.36188.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.71%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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