Engkrog Development ApS — Credit Rating and Financial Key Figures

CVR number: 40113606
Svansøvej 12, 7800 Skive

Company information

Official name
Engkrog Development ApS
Established
2018
Company form
Private limited company
Industry

About Engkrog Development ApS

Engkrog Development ApS (CVR number: 40113606) is a company from SKIVE. The company recorded a gross profit of 46.5 kDKK in 2023. The operating profit was 46.5 kDKK, while net earnings were 26.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Engkrog Development ApS's liquidity measured by quick ratio was 9.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit281.19273.19166.72171.6446.52
EBIT281.19273.19166.72171.6446.52
Net earnings201.82227.21278.16120.9726.93
Shareholders equity total251.82479.03757.19878.16905.09
Balance sheet total (assets)649.16948.13946.52962.691 006.73
Net debt37.18- 198.73- 316.08- 591.47- 968.95
Profitability
EBIT-%
ROA41.8 %36.9 %33.5 %16.8 %3.8 %
ROE80.1 %62.2 %45.0 %14.8 %3.0 %
ROI48.5 %42.0 %37.1 %18.4 %4.1 %
Economic value added (EVA)218.27231.64153.48151.1239.49
Solvency
Equity ratio38.8 %50.5 %80.0 %91.2 %89.9 %
Gearing122.2 %76.3 %14.3 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.31.22.27.29.9
Current ratio3.31.22.27.29.9
Cash and cash equivalents270.59564.33424.38591.471 006.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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