EJENDOMSSELSKABET ØRSTEDSVEJ 18 ApS — Credit Rating and Financial Key Figures

CVR number: 24231089
Ørstedsvej 18, 6760 Ribe
tel: 75411102

Company information

Official name
EJENDOMSSELSKABET ØRSTEDSVEJ 18 ApS
Established
1999
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ØRSTEDSVEJ 18 ApS

EJENDOMSSELSKABET ØRSTEDSVEJ 18 ApS (CVR number: 24231089) is a company from ESBJERG. The company recorded a gross profit of 685.6 kDKK in 2023. The operating profit was 328.2 kDKK, while net earnings were 51.1 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 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.8 %, 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 ØRSTEDSVEJ 18 ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit801.47747.50897.94751.60685.56
EBIT452.15394.66544.78396.81328.21
Net earnings117.77176.28292.60509.4751.13
Shareholders equity total1 208.781 385.061 677.661 187.131 238.26
Balance sheet total (assets)8 368.157 912.258 700.427 384.337 366.00
Net debt5 855.965 416.015 638.494 883.124 388.55
Profitability
EBIT-%
ROA5.5 %5.1 %6.7 %13.7 %4.7 %
ROE10.2 %13.6 %19.1 %35.6 %4.2 %
ROI5.6 %5.2 %6.9 %14.1 %4.8 %
Economic value added (EVA)319.97276.95371.90-36.69-71.76
Solvency
Equity ratio14.4 %17.5 %19.3 %16.1 %16.8 %
Gearing534.5 %414.1 %368.6 %456.5 %432.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.12.51.41.7
Current ratio0.10.12.51.41.7
Cash and cash equivalents604.83320.13545.51535.87962.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.67%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.8%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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