Majgaard Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 41909609
Østertoften 45, Lind 7400 Herning

Credit rating

Company information

Official name
Majgaard Ejendomme ApS
Established
2020
Domicile
Lind
Company form
Private limited company
Industry

About Majgaard Ejendomme ApS

Majgaard Ejendomme ApS (CVR number: 41909609) is a company from HERNING. The company recorded a gross profit of 298.6 kDKK in 2024. The operating profit was 260.4 kDKK, while net earnings were 8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 3.9 %, 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. Majgaard Ejendomme 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
2021
2022
2023
2024
Volume
Net sales
Gross profit289.32270.18262.65298.59
EBIT240.11229.89219.56260.38
Net earnings97.2280.10-26.418.91
Shareholders equity total137.22217.32190.92199.83
Balance sheet total (assets)5 565.045 317.465 389.505 129.03
Net debt3 780.693 835.783 422.233 453.91
Profitability
EBIT-%
ROA4.3 %4.3 %4.5 %5.0 %
ROE70.8 %45.2 %-12.9 %4.6 %
ROI5.5 %5.6 %6.3 %7.2 %
Economic value added (EVA)166.91174.41259.19176.28
Solvency
Equity ratio2.5 %4.1 %3.5 %3.9 %
Gearing3054.6 %1765.0 %1792.5 %1728.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.0
Current ratio0.10.00.10.0
Cash and cash equivalents410.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.90%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.