Ejendomsaktieselskabet Hestehaven 51, Odense — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsaktieselskabet Hestehaven 51, Odense
Ejendomsaktieselskabet Hestehaven 51, Odense (CVR number: 38296620) is a company from ALBERTSLUND. The company reported a net sales of 35.5 mDKK in 2023, demonstrating a growth of 5.8 % compared to the previous year. The operating profit percentage was at 24.4 % (EBIT: 8.7 mDKK), while net earnings were -4678 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41 %, 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. Ejendomsaktieselskabet Hestehaven 51, Odense's liquidity measured by quick ratio was 2.1 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 35.41 | 33.55 | 35.50 | ||
Gross profit | 32.58 | 35.12 | 47.17 | 2.46 | 8.66 |
EBIT | 105.69 | -6.59 | 47.17 | 2.46 | 8.66 |
Net earnings | 79.02 | -6.96 | 35.21 | -0.74 | -4.68 |
Shareholders equity total | 327.96 | 321.01 | 286.22 | 285.48 | 280.80 |
Balance sheet total (assets) | 685.43 | 779.11 | 734.29 | 708.37 | 685.07 |
Net debt | 246.74 | 331.25 | 300.78 | 276.50 | 264.35 |
Profitability | |||||
EBIT-% | 133.2 % | 7.3 % | 24.4 % | ||
ROA | 15.6 % | -0.9 % | 6.3 % | 0.4 % | 1.2 % |
ROE | 25.9 % | -2.1 % | 11.6 % | -0.3 % | -1.7 % |
ROI | 15.9 % | -0.9 % | 6.4 % | 0.4 % | 1.3 % |
Economic value added (EVA) | 53.14 | -21.66 | 4.02 | -26.64 | -20.76 |
Solvency | |||||
Equity ratio | 47.8 % | 41.2 % | 39.0 % | 40.3 % | 41.0 % |
Gearing | 75.2 % | 111.1 % | 117.9 % | 112.1 % | 109.5 % |
Relative net indebtedness % | 895.5 % | 856.4 % | 763.9 % | ||
Liquidity | |||||
Quick ratio | 15.5 | 2.5 | 2.0 | 2.1 | |
Current ratio | 15.5 | 2.5 | 2.0 | 2.1 | |
Cash and cash equivalents | 25.49 | 36.69 | 43.54 | 43.05 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.0 | ||||
Net working capital % | 131.8 % | 65.7 % | 63.7 % | ||
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AA |
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