CE-Bolig A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CE-Bolig A/S
CE-Bolig A/S (CVR number: 13888132) is a company from HEDENSTED. The company reported a net sales of 22.5 mDKK in 2024, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 43 % (EBIT: 9.7 mDKK), while net earnings were 31.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CE-Bolig A/S's liquidity measured by quick ratio was 7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 26 357.55 | 26 948.09 | 27 790.10 | 21 910.84 | 22 547.65 |
| Gross profit | 22 706.69 | 21 416.38 | 23 545.83 | 12 906.82 | 12 021.98 |
| EBIT | 20 365.06 | 22 586.52 | 32 761.67 | -20 871.42 | 9 703.00 |
| Net earnings | 43 121.92 | 36 528.89 | 44 907.75 | 5 565.24 | 31 885.27 |
| Shareholders equity total | 368 298.34 | 404 884.68 | 449 978.92 | 455 784.88 | 487 753.97 |
| Balance sheet total (assets) | 815 488.38 | 824 008.31 | 854 764.43 | 864 653.60 | 990 269.70 |
| Net debt | 380 791.94 | 359 090.21 | 332 792.46 | 330 414.14 | 466 899.59 |
| Profitability | |||||
| EBIT-% | 77.3 % | 83.8 % | 117.9 % | -95.3 % | 43.0 % |
| ROA | 6.7 % | 5.8 % | 7.1 % | 1.8 % | 6.1 % |
| ROE | 12.4 % | 9.4 % | 10.5 % | 1.2 % | 6.8 % |
| ROI | 6.7 % | 5.9 % | 7.2 % | 1.8 % | 6.2 % |
| Economic value added (EVA) | -17 280.48 | -20 715.54 | -14 915.54 | -54 509.46 | -35 593.56 |
| Solvency | |||||
| Equity ratio | 45.2 % | 49.1 % | 52.6 % | 52.7 % | 49.3 % |
| Gearing | 112.0 % | 95.3 % | 81.5 % | 82.6 % | 95.9 % |
| Relative net indebtedness % | 1467.7 % | 1349.0 % | 1218.6 % | 1540.3 % | 2112.2 % |
| Liquidity | |||||
| Quick ratio | 7.5 | 8.1 | 7.0 | 7.0 | 7.0 |
| Current ratio | 7.4 | 8.1 | 7.0 | 7.0 | 7.0 |
| Cash and cash equivalents | 31 697.44 | 26 576.54 | 34 087.98 | 46 159.95 | 946.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 45.5 | ||||
| Net working capital % | 69.2 % | 93.2 % | 108.9 % | 145.3 % | 467.5 % |
| Credit risk | |||||
| Credit rating | AAA | AAA | AAA | AA | AAA |
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