EJENDOMSSELSKABET AF 1999 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSSELSKABET AF 1999 ApS
EJENDOMSSELSKABET AF 1999 ApS (CVR number: 21653578) is a company from HERNING. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 22.3 % (EBIT: 0.1 mDKK), while net earnings were 149 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. EJENDOMSSELSKABET AF 1999 ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 371.05 | 378.07 | 578.65 | 551.52 | 592.72 |
Gross profit | 250.73 | 301.47 | 486.38 | 469.14 | 162.69 |
EBIT | - 298.02 | 191.54 | 477.53 | 422.76 | 132.30 |
Net earnings | - 386.95 | 161.87 | 399.32 | 496.36 | 148.96 |
Shareholders equity total | 1 501.14 | 1 663.01 | 2 062.33 | 2 558.68 | 2 707.64 |
Balance sheet total (assets) | 4 314.76 | 4 321.16 | 4 772.05 | 4 464.58 | 4 539.05 |
Net debt | 1 057.38 | 837.96 | 296.96 | 744.38 | 833.01 |
Profitability | |||||
EBIT-% | -80.3 % | 50.7 % | 82.5 % | 76.7 % | 22.3 % |
ROA | -7.2 % | 4.4 % | 10.5 % | 16.0 % | 5.6 % |
ROE | -22.8 % | 10.2 % | 21.4 % | 21.5 % | 5.7 % |
ROI | -9.1 % | 5.8 % | 13.7 % | 19.9 % | 6.6 % |
Economic value added (EVA) | - 443.85 | 67.85 | 306.35 | 203.17 | -66.48 |
Solvency | |||||
Equity ratio | 34.8 % | 38.5 % | 43.2 % | 57.3 % | 59.7 % |
Gearing | 99.4 % | 84.3 % | 64.8 % | 39.6 % | 36.7 % |
Relative net indebtedness % | 590.3 % | 503.9 % | 256.1 % | 262.5 % | 250.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.3 | 2.0 | 1.8 |
Current ratio | 0.9 | 1.0 | 1.3 | 2.0 | 1.8 |
Cash and cash equivalents | 434.22 | 564.03 | 1 038.50 | 269.35 | 160.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.9 | 10.9 | 28.1 | 21.8 | 17.5 |
Net working capital % | -35.0 % | -7.5 % | 57.4 % | 98.7 % | 91.1 % |
Credit risk | |||||
Credit rating | BBB | A | A | AA | A |
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