Ejendomsselskabet Storegade 12 ApS — Credit Rating and Financial Key Figures

CVR number: 40605843
Rønvangen 50, 8382 Hinnerup

Credit rating

Company information

Official name
Ejendomsselskabet Storegade 12 ApS
Established
2019
Company form
Private limited company
Industry

About Ejendomsselskabet Storegade 12 ApS

Ejendomsselskabet Storegade 12 ApS (CVR number: 40605843) is a company from FAVRSKOV. The company recorded a gross profit of 343.2 kDKK in 2023. The operating profit was 371.7 kDKK, while net earnings were 285.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, 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 Storegade 12 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit276.26259.65256.7294.09343.22
EBIT276.26376.99266.71144.09371.72
Net earnings214.17338.36144.56111.89285.21
Shareholders equity total254.17467.52487.08536.47759.18
Balance sheet total (assets)3 894.654 123.884 053.594 028.186 096.69
Net debt3 364.403 293.8369.6158.60- 102.98
Profitability
EBIT-%
ROA7.9 %11.7 %6.7 %4.5 %7.9 %
ROE84.3 %93.8 %30.3 %21.9 %44.0 %
ROI8.3 %12.2 %7.0 %7.7 %44.9 %
Economic value added (EVA)215.58116.5422.9287.70265.51
Solvency
Equity ratio6.5 %11.3 %12.0 %13.3 %12.5 %
Gearing1355.3 %726.3 %27.4 %16.5 %14.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.20.10.6
Current ratio0.30.40.20.10.6
Cash and cash equivalents80.33101.9663.8429.88213.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:7.91%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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