EJENDOMSSELSKABET ØSTERBROGADE 2 ApS — Credit Rating and Financial Key Figures

CVR number: 28517386
Sønderport 6, 9670 Løgstør
tel: 98672420

Credit rating

Company information

Official name
EJENDOMSSELSKABET ØSTERBROGADE 2 ApS
Established
2005
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ØSTERBROGADE 2 ApS

EJENDOMSSELSKABET ØSTERBROGADE 2 ApS (CVR number: 28517386) is a company from VESTHIMMERLANDS. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -11.3 % compared to the previous year. The operating profit percentage was at 69.7 % (EBIT: 0.1 mDKK), while net earnings were 70 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EJENDOMSSELSKABET ØSTERBROGADE 2 ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales214.00225.00216.93199.50177.00
Gross profit143.62158.78-78.51136.24123.37
EBIT143.62158.78-78.51136.24123.37
Net earnings99.64110.17-95.85117.6770.04
Shareholders equity total1 263.751 223.921 128.071 245.741 315.78
Balance sheet total (assets)2 269.982 320.042 175.982 121.222 093.07
Net debt607.82494.67690.14792.73701.03
Profitability
EBIT-%67.1 %70.6 %-36.2 %68.3 %69.7 %
ROA6.4 %6.9 %-3.5 %6.3 %5.9 %
ROE8.2 %8.9 %-8.2 %9.9 %5.5 %
ROI6.7 %7.6 %-4.0 %6.9 %6.0 %
Economic value added (EVA)66.6782.37- 108.4093.9050.66
Solvency
Equity ratio55.7 %52.8 %51.8 %58.7 %62.9 %
Gearing70.1 %67.2 %67.4 %65.6 %53.5 %
Relative net indebtedness %340.1 %341.2 %450.8 %426.6 %437.7 %
Liquidity
Quick ratio2.41.20.30.20.0
Current ratio2.41.20.30.20.0
Cash and cash equivalents278.31328.3870.0124.392.63
Capital use efficiency
Trade debtors turnover (days)9.48.9
Net working capital %76.5 %27.0 %-93.2 %-74.0 %-74.0 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:5.85%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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