EJENDOMSSELSKABET FORMERVANGEN 16 ApS — Credit Rating and Financial Key Figures

CVR number: 28329857
Formervangen 14-16, 2600 Glostrup
tel: 46155317

Company information

Official name
EJENDOMSSELSKABET FORMERVANGEN 16 ApS
Established
2005
Company form
Private limited company
Industry

About EJENDOMSSELSKABET FORMERVANGEN 16 ApS

EJENDOMSSELSKABET FORMERVANGEN 16 ApS (CVR number: 28329857) is a company from ALBERTSLUND. The company recorded a gross profit of 1574.8 kDKK in 2023. The operating profit was 1242.3 kDKK, while net earnings were 988.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EJENDOMSSELSKABET FORMERVANGEN 16 ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit97.881 013.52812.861 454.201 574.76
EBIT- 513.19726.30456.801 108.211 242.33
Net earnings- 428.67544.04340.71864.00988.38
Shareholders equity total8 900.769 444.819 785.5210 649.5211 637.90
Balance sheet total (assets)13 700.2812 761.3513 114.9512 930.9913 839.86
Net debt2 296.06896.38397.63- 319.32- 179.36
Profitability
EBIT-%
ROA-3.7 %5.5 %3.5 %8.5 %9.5 %
ROE-4.7 %5.9 %3.5 %8.5 %8.9 %
ROI-3.8 %5.7 %3.9 %9.4 %10.4 %
Economic value added (EVA)- 846.76148.52- 106.10417.18455.29
Solvency
Equity ratio65.0 %74.0 %74.6 %82.4 %84.1 %
Gearing32.4 %12.1 %13.1 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.40.81.5
Current ratio0.30.10.40.81.5
Cash and cash equivalents586.10242.65885.62426.16179.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.47%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.1%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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