De Forenede Ejendomsselskaber A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About De Forenede Ejendomsselskaber A/S
De Forenede Ejendomsselskaber A/S (CVR number: 37511471K) is a company from KØBENHAVN. The company recorded a gross profit of 68.1 mDKK in 2023. The operating profit was 19.2 mDKK, while net earnings were 3676.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. De Forenede Ejendomsselskaber A/S's liquidity measured by quick ratio was 10.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 38 238.18 | 28 147.45 | 65 639.06 | 59 852.97 | 68 117.04 |
EBIT | 40 935.00 | 131 869.00 | 62 943.00 | 20 635.12 | 19 247.01 |
Net earnings | 5 479.00 | 90 718.00 | 40 407.00 | 9 696.11 | 3 676.87 |
Shareholders equity total | 774 046.00 | 864 744.00 | 905 187.00 | 914 883.41 | 918 560.28 |
Balance sheet total (assets) | 1 314 282.00 | 1 836 737.00 | 1 762 280.00 | 1 890 673.05 | 2 177 453.24 |
Net debt | 100 312.40 | 648 780.10 | 494 494.87 | 608 345.49 | 706 325.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 8.4 % | 3.8 % | 1.2 % | 1.3 % |
ROE | 0.7 % | 11.1 % | 4.6 % | 1.1 % | 0.4 % |
ROI | 4.4 % | 8.7 % | 3.8 % | 1.3 % | 1.3 % |
Economic value added (EVA) | -8 555.66 | 67 423.91 | -3 883.98 | -41 351.61 | -49 182.66 |
Solvency | |||||
Equity ratio | 60.6 % | 47.1 % | 51.5 % | 48.5 % | 42.3 % |
Gearing | 45.8 % | 89.3 % | 72.0 % | 85.2 % | 115.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.4 | 6.4 | 7.7 | 6.8 | 10.5 |
Current ratio | 5.0 | 8.8 | 7.2 | 6.0 | 9.2 |
Cash and cash equivalents | 254 167.62 | 123 771.02 | 157 455.11 | 171 400.65 | 358 242.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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