Ejendomsretten ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsretten ApS
Ejendomsretten ApS (CVR number: 37313424) is a company from EGEDAL. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -9.1 % compared to the previous year. The operating profit percentage was poor at -15.2 % (EBIT: -0.1 mDKK), while net earnings were -32.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ejendomsretten ApS's liquidity measured by quick ratio was 4.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 461.47 | 444.37 | 403.32 | 421.84 | 383.27 |
Gross profit | 402.97 | 384.71 | 337.26 | 359.41 | 319.30 |
EBIT | -25.93 | -4.82 | -1.76 | -27.62 | -58.13 |
Net earnings | 9.95 | 6.57 | 34.02 | -58.07 | -32.59 |
Shareholders equity total | 518.99 | 417.55 | 451.57 | 303.50 | 270.91 |
Balance sheet total (assets) | 595.71 | 624.09 | 547.65 | 398.27 | 345.45 |
Net debt | - 591.96 | - 557.70 | - 457.86 | - 367.89 | - 300.12 |
Profitability | |||||
EBIT-% | -5.6 % | -1.1 % | -0.4 % | -6.5 % | -15.2 % |
ROA | 2.4 % | 1.6 % | 7.6 % | -3.3 % | -12.1 % |
ROE | 1.9 % | 1.4 % | 7.8 % | -15.4 % | -11.3 % |
ROI | 2.8 % | 2.1 % | 10.3 % | -4.1 % | -15.7 % |
Economic value added (EVA) | -17.14 | -0.22 | 5.60 | -20.58 | -38.88 |
Solvency | |||||
Equity ratio | 87.1 % | 66.9 % | 82.5 % | 76.2 % | 78.4 % |
Gearing | |||||
Relative net indebtedness % | -111.7 % | -79.0 % | -89.7 % | -64.7 % | -58.9 % |
Liquidity | |||||
Quick ratio | 7.8 | 3.0 | 5.7 | 4.2 | 4.6 |
Current ratio | 7.8 | 3.0 | 5.7 | 4.2 | 4.6 |
Cash and cash equivalents | 591.96 | 557.70 | 457.86 | 367.89 | 300.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.0 | 36.8 | 27.0 | 8.1 | 18.4 |
Net working capital % | 55.7 % | 33.7 % | 35.4 % | 12.8 % | 28.2 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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