Danske Boligejendomme P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danske Boligejendomme P/S
Danske Boligejendomme P/S (CVR number: 38421069) is a company from AARHUS. The company recorded a gross profit of -3549.8 kDKK in 2024. The operating profit was -21.2 mDKK, while net earnings were -4780.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danske Boligejendomme P/S's liquidity measured by quick ratio was 16.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -23 321.43 | 69 628.11 | -4 760.19 | -54 700.71 | -3 549.80 |
| EBIT | -53 344.23 | 130 074.30 | -16 220.26 | - 114 804.40 | -21 205.92 |
| Net earnings | -13 908.83 | 151 499.17 | -22 365.74 | -96 577.21 | -4 780.89 |
| Shareholders equity total | 638 479.31 | 789 978.48 | 1 151 691.25 | 1 055 114.04 | 1 050 333.16 |
| Balance sheet total (assets) | 1 035 199.62 | 1 182 670.73 | 1 169 876.39 | 1 073 161.86 | 1 070 482.24 |
| Net debt | 374 584.78 | 378 933.22 | -6 049.38 | -2 688.52 | 3 202.28 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.3 % | 19.1 % | -2.9 % | -14.0 % | -2.1 % |
| ROE | -2.2 % | 21.2 % | -2.3 % | -8.8 % | -0.5 % |
| ROI | -4.4 % | 19.4 % | -2.9 % | -14.2 % | -2.1 % |
| Economic value added (EVA) | -74 019.26 | 114 014.17 | -32 100.40 | - 150 109.53 | -56 154.57 |
| Solvency | |||||
| Equity ratio | 97.8 % | 98.4 % | 98.4 % | 98.3 % | 98.1 % |
| Gearing | 60.0 % | 48.0 % | 0.4 % | 0.2 % | 0.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.6 | 16.9 | 17.8 | 17.5 | 16.2 |
| Current ratio | 14.6 | 16.9 | 17.8 | 17.5 | 16.1 |
| Cash and cash equivalents | 8 740.17 | 10 149.39 | 5 175.62 | 692.02 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | AA | A | BBB | A |
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