Ejendomsselskabet Kirkevej 1 ApS — Credit Rating and Financial Key Figures

CVR number: 37816981
Koldborgalle 2, 6857 Blåvand
elin-jessen@live.dk

Company information

Official name
Ejendomsselskabet Kirkevej 1 ApS
Established
2016
Company form
Private limited company
Industry

About Ejendomsselskabet Kirkevej 1 ApS

Ejendomsselskabet Kirkevej 1 ApS (CVR number: 37816981) is a company from VARDE. The company recorded a gross profit of 441.6 kDKK in 2023. The operating profit was 359.7 kDKK, while net earnings were 259.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ejendomsselskabet Kirkevej 1 ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit338.31358.66332.92367.66441.65
EBIT261.11276.68250.95285.69359.68
Net earnings171.47182.36167.38192.38259.61
Shareholders equity total5 390.445 572.805 740.185 932.556 192.17
Balance sheet total (assets)7 443.787 611.507 571.377 534.767 652.83
Net debt1 678.161 522.131 271.44984.82645.27
Profitability
EBIT-%
ROA3.5 %3.7 %3.3 %3.8 %4.7 %
ROE3.2 %3.3 %3.0 %3.3 %4.3 %
ROI3.7 %3.8 %3.5 %4.0 %5.0 %
Economic value added (EVA)- 129.36- 116.40- 134.81- 109.30-41.85
Solvency
Equity ratio72.4 %73.2 %75.8 %78.7 %80.9 %
Gearing31.4 %27.8 %23.5 %18.5 %15.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.20.4
Current ratio0.00.00.10.20.4
Cash and cash equivalents14.7024.4078.71110.67304.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.75%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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