Ejendomsselskabet Korsørvej 29 ApS — Credit Rating and Financial Key Figures

CVR number: 38704869
Nørregade 44, 7400 Herning

Company information

Official name
Ejendomsselskabet Korsørvej 29 ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Ejendomsselskabet Korsørvej 29 ApS

Ejendomsselskabet Korsørvej 29 ApS (CVR number: 38704869) is a company from HERNING. The company recorded a gross profit of 1195.3 kDKK in 2024. The operating profit was 1565.8 kDKK, while net earnings were 376 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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 Korsørvej 29 ApS's liquidity measured by quick ratio was 0.2 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 017.701 268.141 251.231 308.901 195.27
EBIT2 302.451 029.242 179.091 525.041 565.76
Net earnings1 646.31713.271 513.33536.71375.96
Shareholders equity total3 471.994 185.265 698.596 235.306 611.27
Balance sheet total (assets)26 497.1626 835.7428 270.9428 769.1529 252.25
Net debt20 378.0620 154.0119 803.4919 777.8919 858.35
Profitability
EBIT-%
ROA8.6 %3.9 %7.9 %5.3 %5.4 %
ROE36.3 %18.6 %30.6 %9.0 %5.9 %
ROI9.1 %4.0 %8.1 %5.5 %5.5 %
Economic value added (EVA)525.63- 495.10388.49- 193.22- 186.93
Solvency
Equity ratio13.1 %15.6 %20.2 %21.7 %22.6 %
Gearing592.0 %481.5 %348.5 %317.2 %301.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.2
Current ratio0.10.00.00.10.2
Cash and cash equivalents175.0354.4674.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.40%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.6%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member

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