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

CVR number: 41488417
Kridtsløjfen 6, 9000 Aalborg
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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 1745.1 kDKK in 2024. The operating profit was 587.1 kDKK, while net earnings were 327.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 648.991 761.891 585.561 982.041 745.13
EBIT2 451.391 761.891 585.562 182.04587.07
Net earnings2 279.411 488.161 357.421 840.66327.41
Shareholders equity total16 949.8715 938.0416 495.4618 336.1218 663.53
Balance sheet total (assets)60 137.6858 821.5158 949.6159 624.1271 615.51
Net debt39 027.3338 992.7538 831.7237 852.6547 885.55
Profitability
EBIT-%
ROA4.1 %3.0 %2.7 %3.7 %0.9 %
ROE14.4 %9.0 %8.4 %10.6 %1.8 %
ROI4.2 %3.0 %2.8 %3.8 %0.9 %
Economic value added (EVA)- 416.96-1 293.96-1 367.84- 923.37-2 513.50
Solvency
Equity ratio28.3 %27.2 %28.0 %30.8 %26.1 %
Gearing230.4 %245.5 %236.4 %207.5 %257.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.10.10.60.0
Current ratio1.20.10.10.60.0
Cash and cash equivalents18.94142.81166.36188.72209.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.91%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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