DRONNINGENSGADE 8 ApS — Credit Rating and Financial Key Figures

CVR number: 28702175
Skibbrogade 3 A, 9000 Aalborg

Credit rating

Company information

Official name
DRONNINGENSGADE 8 ApS
Established
2005
Company form
Private limited company
Industry

About DRONNINGENSGADE 8 ApS

DRONNINGENSGADE 8 ApS (CVR number: 28702175) is a company from AALBORG. The company recorded a gross profit of 152.1 kDKK in 2024. The operating profit was 152.1 kDKK, while net earnings were -226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.5 %, 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. DRONNINGENSGADE 8 ApS's liquidity measured by quick ratio was 0.1 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 profit270.65241.06248.28135.14152.05
EBIT370.65441.06273.27410.14152.05
Net earnings344.03409.98313.80270.00- 226.73
Shareholders equity total5 221.405 631.383 695.18873.20646.47
Balance sheet total (assets)5 990.956 357.184 431.494 458.524 459.46
Net debt-0.88-0.28-4.342 698.812 976.41
Profitability
EBIT-%
ROA7.7 %8.5 %5.9 %10.0 %3.4 %
ROE6.8 %7.6 %6.7 %11.8 %-29.8 %
ROI8.0 %8.8 %6.2 %10.6 %3.6 %
Economic value added (EVA)18.8454.44-44.98103.96-2.59
Solvency
Equity ratio87.2 %88.6 %83.4 %19.6 %14.5 %
Gearing313.3 %460.5 %
Relative net indebtedness %
Liquidity
Quick ratio9.216.41.20.00.1
Current ratio9.216.41.20.00.1
Cash and cash equivalents0.880.284.3437.350.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:3.41%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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