EJENDOMMEN GLASVEJ KORSØR ApS — Credit Rating and Financial Key Figures

CVR number: 35828249
Glasvej 2, 4220 Korsør
sr@achton-as.com
tel: 59441700

Company information

Official name
EJENDOMMEN GLASVEJ KORSØR ApS
Established
2014
Company form
Private limited company
Industry

About EJENDOMMEN GLASVEJ KORSØR ApS

EJENDOMMEN GLASVEJ KORSØR ApS (CVR number: 35828249) is a company from SLAGELSE. The company recorded a gross profit of 2312.3 kDKK in 2023. The operating profit was 1706.9 kDKK, while net earnings were 1103.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMMEN GLASVEJ KORSØR ApS's liquidity measured by quick ratio was 0 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 profit2 151.972 157.002 231.002 238.002 312.34
EBIT1 701.641 681.001 705.001 647.001 706.90
Net earnings1 071.991 051.001 070.001 032.001 103.25
Shareholders equity total2 749.722 301.002 371.002 403.003 506.31
Balance sheet total (assets)15 485.3014 268.0013 952.0014 107.0013 554.59
Net debt8 820.708 367.007 839.007 918.005 852.25
Profitability
EBIT-%
ROA11.6 %11.5 %12.1 %11.7 %12.3 %
ROE48.4 %41.6 %45.8 %43.2 %37.3 %
ROI13.7 %14.0 %15.2 %15.0 %16.0 %
Economic value added (EVA)677.60661.52750.97737.86772.51
Solvency
Equity ratio17.8 %16.1 %17.0 %17.0 %25.9 %
Gearing357.7 %380.4 %336.1 %334.5 %171.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.00.00.0
Current ratio0.40.10.00.00.0
Cash and cash equivalents1 015.55385.00131.00121.00146.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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