EJENDOMSSELSKABET CITY NORD, ESBJERG A/S — Credit Rating and Financial Key Figures

CVR number: 31262054
Dokken 10, 6700 Esbjerg
post@pdersengruppen.dk
tel: 76140111

Credit rating

Company information

Official name
EJENDOMSSELSKABET CITY NORD, ESBJERG A/S
Established
2008
Company form
Limited company
Industry

About EJENDOMSSELSKABET CITY NORD, ESBJERG A/S

EJENDOMSSELSKABET CITY NORD, ESBJERG A/S (CVR number: 31262054) is a company from ESBJERG. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 12 mDKK, while net earnings were 5345.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. EJENDOMSSELSKABET CITY NORD, ESBJERG A/S'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 profit6 884.288 803.219 844.879 463.3910 161.57
EBIT6 837.9210 481.6517 944.8713 863.3911 961.58
Net earnings2 060.514 739.3011 479.916 974.335 345.33
Shareholders equity total13 403.3011 839.6124 789.9238 953.7236 731.54
Balance sheet total (assets)203 758.74194 985.02189 700.02189 559.99183 405.35
Net debt111 709.54107 694.70103 694.2095 977.4691 836.73
Profitability
EBIT-%
ROA4.1 %5.8 %10.2 %7.5 %6.5 %
ROE14.7 %37.5 %62.7 %21.9 %14.1 %
ROI5.1 %7.4 %12.1 %8.1 %6.8 %
Economic value added (EVA)- 197.902 795.348 819.825 995.303 834.81
Solvency
Equity ratio6.6 %6.1 %13.1 %20.6 %20.1 %
Gearing833.4 %909.6 %418.3 %246.4 %250.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.20.20.80.0
Current ratio2.11.20.20.70.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:6.54%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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