EJENDOMSFONDEN STARTSKUDDET — Credit Rating and Financial Key Figures

CVR number: 32305067
Gl Præstøvej 22, 4735 Mern
mail@startskuddet.dk
tel: 55930305

Company information

Official name
EJENDOMSFONDEN STARTSKUDDET
Personnel
1 person
Established
2011
Industry

About EJENDOMSFONDEN STARTSKUDDET

EJENDOMSFONDEN STARTSKUDDET (CVR number: 32305067) is a company from VORDINGBORG. The company recorded a gross profit of 1843.8 kDKK in 2023. The operating profit was 735.9 kDKK, while net earnings were -37.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.7 %, 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. EJENDOMSFONDEN STARTSKUDDET'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
2019
2020
2021
2022
2023
Volume
Net sales4 748.78
Gross profit2 083.292 161.862 276.692 009.511 843.85
EBIT1 054.981 022.96752.77781.26735.85
Net earnings101.19295.6748.67127.12-37.24
Shareholders equity total4 448.714 744.394 793.064 920.174 882.94
Balance sheet total (assets)30 845.2529 994.5129 687.7128 998.0431 115.01
Net debt22 396.8821 613.1220 260.0119 154.1820 636.11
Profitability
EBIT-%22.2 %
ROA3.5 %3.5 %2.6 %2.7 %2.5 %
ROE2.3 %6.4 %1.0 %2.6 %-0.8 %
ROI3.7 %3.7 %2.8 %3.0 %2.9 %
Economic value added (EVA)- 676.28- 453.63- 629.39- 566.59- 615.00
Solvency
Equity ratio14.4 %15.8 %16.1 %17.0 %15.7 %
Gearing506.9 %458.6 %425.8 %392.2 %432.0 %
Relative net indebtedness %528.8 %
Liquidity
Quick ratio0.40.20.10.20.1
Current ratio0.40.20.10.20.1
Cash and cash equivalents152.04144.48146.92143.44460.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-51.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.52%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.7%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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