EjendomsSelskabet Norden VIII K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EjendomsSelskabet Norden VIII K/S
EjendomsSelskabet Norden VIII K/S (CVR number: 37179302) is a company from KØBENHAVN. The company recorded a gross profit of -63 kDKK in 2022. The operating profit was -63 kDKK, while net earnings were -276 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EjendomsSelskabet Norden VIII K/S's liquidity measured by quick ratio was 22.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -9 842.00 | - 650.00 | -53.00 | 134.00 | -63.00 |
| EBIT | -9 842.00 | - 650.00 | -53.00 | 134.00 | -63.00 |
| Net earnings | 2 406.00 | -10 341.00 | - 258.00 | -1 160.00 | - 276.00 |
| Shareholders equity total | 127 820.00 | 104 979.00 | 13 721.00 | 12 561.00 | 12 285.00 |
| Balance sheet total (assets) | 159 974.00 | 105 641.00 | 13 778.00 | 13 537.00 | 13 120.00 |
| Net debt | 22 600.00 | -10 713.00 | -12 675.00 | -13 328.00 | -13 120.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.7 % | -7.4 % | -0.3 % | -7.8 % | -1.4 % |
| ROE | 0.7 % | -8.9 % | -0.4 % | -8.8 % | -2.2 % |
| ROI | 0.7 % | -7.5 % | -0.3 % | -7.9 % | -1.5 % |
| Economic value added (EVA) | -28 634.44 | -2 299.31 | -4 789.87 | 87.77 | -24.46 |
| Solvency | |||||
| Equity ratio | 79.9 % | 99.4 % | 99.6 % | 92.8 % | 93.6 % |
| Gearing | 23.9 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 159.6 | 239.5 | 28.0 | 22.8 |
| Current ratio | 2.7 | 159.6 | 239.5 | 28.0 | 22.8 |
| Cash and cash equivalents | 7 913.00 | 10 713.00 | 12 675.00 | 13 328.00 | 13 120.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | B | BBB | B | C |
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