Ejendomsselskabet Solrød Strandvej 109 ApS — Credit Rating and Financial Key Figures

CVR number: 39119498
Solrød Strandvej 109, 2680 Solrød Strand
tel: 56140566

Credit rating

Company information

Official name
Ejendomsselskabet Solrød Strandvej 109 ApS
Established
2017
Company form
Private limited company
Industry

About Ejendomsselskabet Solrød Strandvej 109 ApS

Ejendomsselskabet Solrød Strandvej 109 ApS (CVR number: 39119498) is a company from SOLRØD. The company recorded a gross profit of 180 kDKK in 2023. The operating profit was 160.9 kDKK, while net earnings were 65.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.5 %, 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 Solrød Strandvej 109 ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales180.00
Gross profit175.45180.00180.00200.00180.00
EBIT175.45166.23157.6760.75160.87
Net earnings122.54116.11112.2721.1565.34
Shareholders equity total237.84353.95466.22487.37552.71
Balance sheet total (assets)1 829.401 894.451 955.113 293.673 165.74
Net debt1 437.691 351.921 265.671 062.371 301.35
Profitability
EBIT-%97.5 %
ROA9.9 %9.1 %8.4 %2.3 %5.0 %
ROE69.4 %39.2 %27.4 %4.4 %12.6 %
ROI10.7 %10.1 %9.4 %2.5 %5.1 %
Economic value added (EVA)131.06117.72105.2023.96182.27
Solvency
Equity ratio13.0 %18.7 %23.8 %14.8 %17.5 %
Gearing604.5 %382.0 %271.5 %549.9 %468.9 %
Relative net indebtedness %884.1 %
Liquidity
Quick ratio0.10.20.20.60.5
Current ratio0.10.20.20.60.5
Cash and cash equivalents0.100.100.091 617.561 290.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-793.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.03%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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