EJENDOMSSELSKABET AF 1. MAJ 2013 ApS — Credit Rating and Financial Key Figures

CVR number: 35237232
Kirkevej 4, 6960 Hvide Sande

Credit rating

Company information

Official name
EJENDOMSSELSKABET AF 1. MAJ 2013 ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About EJENDOMSSELSKABET AF 1. MAJ 2013 ApS

EJENDOMSSELSKABET AF 1. MAJ 2013 ApS (CVR number: 35237232) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 290 kDKK in 2023. The operating profit was 221.7 kDKK, while net earnings were 143.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.6 %, 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. EJENDOMSSELSKABET AF 1. MAJ 2013 ApS's liquidity measured by quick ratio was 0.3 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 profit269.94338.04287.73208.48289.97
EBIT207.10273.90220.77140.54221.66
Net earnings30.83213.60126.8678.20143.20
Shareholders equity total503.57717.18844.03922.241 065.43
Balance sheet total (assets)6 150.436 170.176 215.135 555.146 406.36
Net debt3 076.633 397.963 376.082 745.333 219.17
Profitability
EBIT-%
ROA2.3 %5.4 %3.8 %2.5 %4.3 %
ROE6.3 %35.0 %16.3 %8.9 %14.4 %
ROI2.3 %5.5 %3.8 %2.9 %6.1 %
Economic value added (EVA)46.93107.7939.03-28.7128.38
Solvency
Equity ratio8.2 %11.6 %13.6 %16.6 %16.6 %
Gearing694.4 %480.1 %408.9 %300.9 %306.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.10.3
Current ratio0.60.50.50.10.3
Cash and cash equivalents420.3344.9975.3529.3451.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.32%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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