DS BOLIG KERTEMINDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DS BOLIG KERTEMINDE A/S
DS BOLIG KERTEMINDE A/S (CVR number: 19887537) is a company from KERTEMINDE. The company recorded a gross profit of 11.2 mDKK in 2024. The operating profit was 8188.9 kDKK, while net earnings were 5384 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DS BOLIG KERTEMINDE A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 6 372.64 | 9 116.13 | 10 699.02 | 10 840.03 | 11 188.73 |
| EBIT | 4 012.90 | 6 588.04 | 8 144.73 | 7 692.32 | 8 188.95 |
| Net earnings | 6 074.63 | 41 550.41 | 6 729.71 | 128.24 | 5 384.04 |
| Shareholders equity total | 96 331.37 | 136 381.77 | 141 611.49 | 140 239.72 | 145 123.32 |
| Balance sheet total (assets) | 228 140.40 | 269 724.97 | 268 676.77 | 264 468.80 | 265 329.79 |
| Net debt | 125 368.19 | 118 969.40 | 112 909.28 | 110 428.32 | 106 192.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.7 % | 21.2 % | 3.9 % | 1.3 % | 3.3 % |
| ROE | 6.5 % | 35.7 % | 4.8 % | 0.1 % | 3.8 % |
| ROI | 3.8 % | 21.7 % | 4.0 % | 1.3 % | 3.4 % |
| Economic value added (EVA) | -7 476.77 | -5 744.69 | -6 797.96 | -7 690.80 | -6 188.76 |
| Solvency | |||||
| Equity ratio | 43.1 % | 51.5 % | 53.7 % | 54.0 % | 55.8 % |
| Gearing | 130.4 % | 87.3 % | 79.7 % | 78.7 % | 73.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash and cash equivalents | 207.70 | 29.14 | 16.72 | 8.61 | 4.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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