EJENDOMSSELSKABET AABRINKEN K/S — Credit Rating and Financial Key Figures

CVR number: 15209305
Parallelvej 11, 9900 Frederikshavn

Company information

Official name
EJENDOMSSELSKABET AABRINKEN K/S
Established
1999
Company form
Limited partnership
Industry

About EJENDOMSSELSKABET AABRINKEN K/S

EJENDOMSSELSKABET AABRINKEN K/S (CVR number: 15209305) is a company from FREDERIKSHAVN. The company recorded a gross profit of 461.4 kDKK in 2023. The operating profit was 917.5 kDKK, while net earnings were 744.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, 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 AABRINKEN K/S's liquidity measured by quick ratio was 0.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit515.43382.85-26.81188.48461.38
EBIT573.62485.09-63.30223.78917.49
Net earnings497.77415.86- 335.2359.49744.85
Shareholders equity total2 762.203 178.06942.841 002.321 747.17
Balance sheet total (assets)9 179.729 352.859 096.329 067.589 720.91
Net debt5 603.095 280.667 334.117 290.246 984.07
Profitability
EBIT-%
ROA6.3 %5.2 %-0.7 %2.5 %9.8 %
ROE19.0 %14.0 %-16.3 %6.1 %54.2 %
ROI6.6 %5.6 %-0.7 %2.7 %10.6 %
Economic value added (EVA)141.1850.17- 506.48- 199.43496.70
Solvency
Equity ratio30.1 %34.0 %10.4 %11.1 %18.0 %
Gearing213.3 %177.5 %793.3 %735.4 %415.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.20.10.3
Current ratio0.40.50.20.10.3
Cash and cash equivalents289.76360.86145.2781.23278.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:9.77%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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