EJENDOMSAKTIESELSKABET AF 1/11 1988 ESBJERG — Credit Rating and Financial Key Figures

CVR number: 12587074
Sallingsundvej 10, 6715 Esbjerg N

Credit rating

Company information

Official name
EJENDOMSAKTIESELSKABET AF 1/11 1988 ESBJERG
Established
1988
Company form
Limited company
Industry

About EJENDOMSAKTIESELSKABET AF 1/11 1988 ESBJERG

EJENDOMSAKTIESELSKABET AF 1/11 1988 ESBJERG (CVR number: 12587074) is a company from ESBJERG. The company recorded a gross profit of 802.7 kDKK in 2022. The operating profit was -4597.9 kDKK, while net earnings were -3522.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -67.5 %, which can be considered poor. 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. EJENDOMSAKTIESELSKABET AF 1/11 1988 ESBJERG's liquidity measured by quick ratio was 5.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit868.93484.72674.72575.78802.69
EBIT2 063.931 196.07476.42526.78-4 597.86
Net earnings1 589.03912.12271.75207.34-3 522.11
Shareholders equity total5 591.426 503.536 775.296 982.633 460.52
Balance sheet total (assets)20 116.8120 501.7819 507.7122 297.8117 661.80
Net debt12 129.2811 585.508 230.1912 563.2112 850.18
Profitability
EBIT-%
ROA11.4 %6.2 %2.6 %2.6 %-22.0 %
ROE33.1 %15.1 %4.1 %3.0 %-67.5 %
ROI11.6 %6.3 %2.6 %2.6 %-22.3 %
Economic value added (EVA)939.16157.75- 419.93- 225.06-4 543.14
Solvency
Equity ratio27.8 %31.8 %34.8 %31.4 %19.6 %
Gearing216.9 %178.1 %150.6 %183.9 %371.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.40.86.95.3
Current ratio0.80.40.86.45.3
Cash and cash equivalents1 976.18277.390.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-22.0%
Rating: 0/100
-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

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