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 21.9 mDKK in 2023, demonstrating a decline of -21.2 % compared to the previous year. The operating profit percentage was poor at -95.3 % (EBIT: -20.9 mDKK), while net earnings were 5565.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27 239.92 | 26 357.55 | 26 948.09 | 27 790.10 | 21 910.84 |
Gross profit | 23 233.00 | 22 706.69 | 21 416.38 | 23 545.83 | 12 906.82 |
EBIT | 23 897.20 | 20 365.06 | 22 586.52 | 32 761.67 | -20 871.42 |
Net earnings | 41 630.91 | 43 121.92 | 36 528.89 | 44 907.75 | 5 565.24 |
Shareholders equity total | 325 443.60 | 368 298.34 | 404 884.68 | 449 978.92 | 455 784.88 |
Balance sheet total (assets) | 687 913.70 | 815 488.38 | 824 008.31 | 854 764.43 | 864 653.60 |
Net debt | 303 948.01 | 380 791.94 | 359 090.21 | 332 792.46 | 330 414.14 |
Profitability | |||||
EBIT-% | 87.7 % | 77.3 % | 83.8 % | 117.9 % | -95.3 % |
ROA | 7.2 % | 6.7 % | 5.8 % | 7.1 % | 1.8 % |
ROE | 13.7 % | 12.4 % | 9.4 % | 10.5 % | 1.2 % |
ROI | 7.3 % | 6.7 % | 5.9 % | 7.2 % | 1.8 % |
Economic value added (EVA) | 7 309.55 | 8 351.18 | 12 297.28 | 18 830.07 | -19 725.41 |
Solvency | |||||
Equity ratio | 47.3 % | 45.2 % | 49.1 % | 52.6 % | 52.7 % |
Gearing | 101.5 % | 112.0 % | 95.3 % | 81.5 % | 82.6 % |
Relative net indebtedness % | 1132.6 % | 1467.7 % | 1349.0 % | 1218.6 % | 1540.3 % |
Liquidity | |||||
Quick ratio | 5.5 | 7.5 | 8.1 | 7.0 | 7.0 |
Current ratio | 5.5 | 7.4 | 8.1 | 7.0 | 7.0 |
Cash and cash equivalents | 26 335.67 | 31 697.44 | 26 576.54 | 34 087.98 | 46 159.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 44.0 % | 69.2 % | 93.2 % | 108.9 % | 145.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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