Ejendomsselskabet Albanigade 9, Odense ApS — Credit Rating and Financial Key Figures

CVR number: 39712296
Adelgade 7, 5000 Odense C
adm@dronningegaarden.dk
tel: 40509203

Company information

Official name
Ejendomsselskabet Albanigade 9, Odense ApS
Established
2018
Company form
Private limited company
Industry

About Ejendomsselskabet Albanigade 9, Odense ApS

Ejendomsselskabet Albanigade 9, Odense ApS (CVR number: 39712296) is a company from ODENSE. The company recorded a gross profit of 502.5 kDKK in 2023. The operating profit was 242.5 kDKK, while net earnings were 169.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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 Albanigade 9, Odense ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-36.00389.00481.00493.00502.52
EBIT2 428.00- 251.00481.00418.00242.52
Net earnings1 810.00- 218.00351.00303.00169.88
Shareholders equity total1 860.001 642.001 993.002 295.002 464.91
Balance sheet total (assets)11 280.0011 082.0010 815.0010 724.0010 551.84
Net debt8 017.008 241.007 896.007 673.007 260.35
Profitability
EBIT-%
ROA21.5 %-2.2 %4.4 %3.9 %2.3 %
ROE97.3 %-12.5 %19.3 %14.1 %7.1 %
ROI22.6 %-2.4 %4.6 %4.0 %2.4 %
Economic value added (EVA)1 893.44- 735.10- 153.50- 202.50- 334.73
Solvency
Equity ratio16.5 %14.8 %18.4 %21.4 %23.4 %
Gearing445.9 %513.0 %405.3 %335.0 %299.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.30.30.4
Current ratio0.00.20.30.30.4
Cash and cash equivalents276.00182.00181.0016.00129.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.31%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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