Ejendommen Forbindelsesvejen 115 ApS — Credit Rating and Financial Key Figures

CVR number: 40210237
Forbindelsesvejen 115, 9400 Nørresundby
kim@billigslik.dk
tel: 98173245

Credit rating

Company information

Official name
Ejendommen Forbindelsesvejen 115 ApS
Established
2019
Company form
Private limited company
Industry

About Ejendommen Forbindelsesvejen 115 ApS

Ejendommen Forbindelsesvejen 115 ApS (CVR number: 40210237) is a company from AALBORG. The company recorded a gross profit of 244.5 kDKK in 2023. The operating profit was 244.5 kDKK, while net earnings were 95 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 19.2 %, which can be considered excellent. 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. Ejendommen Forbindelsesvejen 115 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 profit151.36204.10226.34246.53244.52
EBIT151.36204.10226.34246.53244.52
Net earnings50.6793.43119.97132.5394.96
Shareholders equity total100.67194.10314.07446.60541.56
Balance sheet total (assets)3 096.353 075.793 092.023 121.553 090.74
Net debt2 933.252 817.002 671.612 505.332 455.80
Profitability
EBIT-%
ROA4.9 %6.6 %7.3 %7.9 %7.9 %
ROE50.3 %63.4 %47.2 %34.8 %19.2 %
ROI4.9 %6.7 %7.4 %8.1 %8.0 %
Economic value added (EVA)113.6623.8042.9561.4561.35
Solvency
Equity ratio3.3 %6.3 %10.2 %14.3 %17.5 %
Gearing2928.3 %1451.3 %857.9 %572.7 %456.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.10.0
Current ratio0.10.00.10.10.0
Cash and cash equivalents14.7722.7752.3014.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:7.87%
Rating: 51/100
-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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