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EJENDOMSSELSKABET ØSTERMARKEN 16, AARS ApS — Credit Rating and Financial Key Figures

CVR number: 26785383
Østermarken 16, 9600 Aars
Free credit report Annual report

Company information

Official name
EJENDOMSSELSKABET ØSTERMARKEN 16, AARS ApS
Established
2002
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ØSTERMARKEN 16, AARS ApS

EJENDOMSSELSKABET ØSTERMARKEN 16, AARS ApS (CVR number: 26785383) is a company from VESTHIMMERLANDS. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 88.8 % (EBIT: 0.8 mDKK), while net earnings were 434.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 73.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.8 %, 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 ØSTERMARKEN 16, AARS 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales760.07782.87806.35830.54855.46
Gross profit746.43763.86781.14814.42828.33
EBIT688.85706.27713.04745.65759.56
Net earnings456.49468.82462.08483.88434.57
Shareholders equity total709.68613.50590.58614.46569.03
Balance sheet total (assets)5 429.455 482.646 381.756 519.486 465.16
Net debt4 703.804 855.895 732.465 890.395 881.50
Profitability
EBIT-%90.6 %90.2 %88.4 %89.8 %88.8 %
ROA12.6 %12.9 %12.0 %11.6 %11.7 %
ROE60.2 %70.9 %76.8 %80.3 %73.4 %
ROI12.7 %13.0 %12.1 %11.6 %11.7 %
Economic value added (EVA)262.25278.87281.13349.88280.69
Solvency
Equity ratio13.1 %11.2 %9.3 %9.4 %8.8 %
Gearing662.8 %791.5 %970.6 %958.6 %1033.6 %
Relative net indebtedness %621.0 %622.0 %718.2 %711.0 %689.2 %
Liquidity
Quick ratio0.20.10.10.30.2
Current ratio0.20.10.10.30.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-93.7 %-135.1 %-269.4 %-84.7 %-113.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.80%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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