BB Ejendomme Aars ApS — Credit Rating and Financial Key Figures

CVR number: 40679707
Sdr Borremosevej 2, Sjøstrup 9600 Aars

Credit rating

Company information

Official name
BB Ejendomme Aars ApS
Established
2019
Domicile
Sjøstrup
Company form
Private limited company
Industry

About BB Ejendomme Aars ApS

BB Ejendomme Aars ApS (CVR number: 40679707) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 96.5 kDKK in 2023. The operating profit was 86.5 kDKK, while net earnings were 7.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 8.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BB Ejendomme Aars ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales60.3869.00
Gross profit33.2247.8845.9096.51
EBIT27.7741.9539.9686.52
Net earnings7.6717.85137.427.29
Shareholders equity total47.6765.52197.09202.79
Balance sheet total (assets)1 200.951 194.721 187.932 405.91
Net debt1 117.041 093.90915.182 135.87
Profitability
EBIT-%46.0 %60.8 %
ROA2.3 %3.5 %18.9 %4.8 %
ROE16.1 %31.5 %104.7 %3.6 %
ROI2.4 %3.6 %19.6 %5.0 %
Economic value added (EVA)27.77-9.04-13.669.88
Solvency
Equity ratio4.0 %5.5 %16.6 %8.4 %
Gearing2371.4 %1689.7 %470.6 %1065.3 %
Relative net indebtedness %1859.3 %1592.4 %
Liquidity
Quick ratio0.00.00.00.0
Current ratio0.00.00.00.0
Cash and cash equivalents13.4913.2012.3524.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-434.7 %-383.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.82%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.43%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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