EJENDOMSSELSKABET TT, VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 27749429
Jeppe Skovgaards Vej 4, 6800 Varde

Company information

Official name
EJENDOMSSELSKABET TT, VARDE ApS
Established
2004
Company form
Private limited company
Industry

About EJENDOMSSELSKABET TT, VARDE ApS

EJENDOMSSELSKABET TT, VARDE ApS (CVR number: 27749429) is a company from VARDE. The company recorded a gross profit of 1544.9 kDKK in 2024. The operating profit was 1148.1 kDKK, while net earnings were 714.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. EJENDOMSSELSKABET TT, VARDE ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 540.051 527.381 534.111 540.271 544.94
EBIT1 143.211 130.541 137.271 143.431 148.10
Net earnings828.02805.16745.67720.30714.35
Shareholders equity total4 982.774 787.934 533.614 253.903 968.25
Balance sheet total (assets)17 532.4012 401.6411 551.8611 146.2110 840.11
Net debt10 881.525 728.025 462.635 303.665 402.74
Profitability
EBIT-%
ROA7.8 %9.1 %9.5 %10.1 %10.4 %
ROE16.3 %16.5 %16.0 %16.4 %17.4 %
ROI8.1 %9.3 %9.8 %10.4 %10.8 %
Economic value added (EVA)372.98395.01448.98673.62690.83
Solvency
Equity ratio28.4 %38.6 %39.2 %38.2 %36.6 %
Gearing222.0 %133.1 %124.7 %129.0 %136.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.30.00.00.0
Current ratio0.80.30.00.00.0
Cash and cash equivalents179.08643.75190.80182.0015.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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