Ejendomsselskabet Gedved A/S — Credit Rating and Financial Key Figures

CVR number: 38514652
Løvenørnsgade 3, 8700 Horsens

Company information

Official name
Ejendomsselskabet Gedved A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry

About Ejendomsselskabet Gedved A/S

Ejendomsselskabet Gedved A/S (CVR number: 38514652) is a company from HORSENS. The company recorded a gross profit of 2203.5 kDKK in 2023. The operating profit was 1870.8 kDKK, while net earnings were 624.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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 Gedved A/S's liquidity measured by quick ratio was 0.1 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 profit-61.76-31.3737.00869.002 203.46
EBIT-61.76-31.3712.00824.201 870.79
Net earnings-48.17-25.00-47.5226.83624.24
Shareholders equity total398.58373.58326.06352.897 977.13
Balance sheet total (assets)3 906.588 861.5811 439.9640 018.1140 745.79
Net debt3 341.277 641.1210 943.5938 901.0131 584.91
Profitability
EBIT-%
ROA-2.4 %-0.5 %0.1 %3.2 %4.6 %
ROE-11.4 %-6.5 %-13.6 %7.9 %15.0 %
ROI-2.4 %-0.3 %0.1 %2.6 %4.4 %
Economic value added (EVA)-66.39-36.6135.66482.03- 291.03
Solvency
Equity ratio10.2 %4.2 %2.9 %0.9 %19.6 %
Gearing878.1 %2269.9 %3391.3 %11027.3 %397.9 %
Relative net indebtedness %
Liquidity
Quick ratio23.5108.90.00.00.1
Current ratio23.5108.90.00.00.1
Cash and cash equivalents158.73838.88114.2113.50154.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:4.64%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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