EJENDOMSSELSKABET BREDGADE ApS — Credit Rating and Financial Key Figures

CVR number: 28297254
Nørre Alle 3, 7400 Herning

Credit rating

Company information

Official name
EJENDOMSSELSKABET BREDGADE ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry

About EJENDOMSSELSKABET BREDGADE ApS

EJENDOMSSELSKABET BREDGADE ApS (CVR number: 28297254) is a company from HERNING. The company recorded a gross profit of 1065.9 kDKK in 2023. The operating profit was -3981.8 kDKK, while net earnings were -3865.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -138.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17 %, 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 BREDGADE ApS's liquidity measured by quick ratio was 0.2 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 profit1 582.02888.72791.801 288.811 065.91
EBIT-3 124.06626.92-4 281.08- 820.35-3 981.83
Net earnings-3 080.70- 173.23-3 968.72-1 452.12-3 865.91
Shareholders equity total6 322.736 149.502 180.78728.664 862.76
Balance sheet total (assets)40 411.1440 329.8835 371.1433 705.0628 585.54
Net debt22 439.5322 503.0322 194.2828 716.7520 470.36
Profitability
EBIT-%
ROA-7.3 %1.6 %-11.3 %-2.4 %-12.8 %
ROE-39.2 %-2.8 %-95.3 %-99.8 %-138.3 %
ROI-8.6 %1.8 %-13.7 %-2.6 %-12.8 %
Economic value added (EVA)-4 040.49- 928.72-4 697.27-1 818.26-4 064.42
Solvency
Equity ratio15.6 %15.2 %6.2 %2.2 %17.0 %
Gearing360.4 %366.7 %1023.0 %4001.4 %431.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.20.2
Current ratio0.10.00.00.20.2
Cash and cash equivalents345.7146.61114.47440.03505.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.0%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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