Provinsfonden Ejendomskreditselskab A/S — Credit Rating and Financial Key Figures

CVR number: 40949585
Jessens Mole 11, 5700 Svendborg
info@provinsfonden.dk
tel: 91554108

Company information

Official name
Provinsfonden Ejendomskreditselskab A/S
Personnel
1 person
Established
2019
Company form
Limited company
Industry

About Provinsfonden Ejendomskreditselskab A/S

Provinsfonden Ejendomskreditselskab A/S (CVR number: 40949585) is a company from SVENDBORG. The company recorded a gross profit of -1171.5 kDKK in 2024. The operating profit was -1978.2 kDKK, while net earnings were -4172.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was -81.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Provinsfonden Ejendomskreditselskab A/S's liquidity measured by quick ratio was 1.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1 668.25- 450.31-1 210.63-1 319.13-1 171.51
EBIT-2 628.90-8 435.16-2 338.05-3 602.69-1 978.22
Net earnings2 926.76-13 280.37-4 544.13-6 041.66-4 172.64
Shareholders equity total13 678.012 553.938 009.806 218.144 045.50
Balance sheet total (assets)40 576.2224 174.3117 396.6015 725.2412 545.20
Net debt19 924.0119 773.608 169.968 084.207 292.38
Profitability
EBIT-%
ROA26.5 %-16.1 %-6.1 %-13.4 %10.8 %
ROE35.3 %-163.6 %-86.0 %-84.9 %-81.3 %
ROI29.2 %-24.8 %-6.4 %-31.3 %-24.8 %
Economic value added (EVA)-2 059.56-8 026.72-2 428.87-3 786.97-2 514.70
Solvency
Equity ratio33.7 %10.6 %46.0 %39.5 %32.2 %
Gearing152.5 %803.5 %105.3 %135.4 %185.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.01.71.61.4
Current ratio1.51.01.71.61.4
Cash and cash equivalents938.65746.43263.87333.68220.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.2%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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