EJENDOMSSELSKABET ÆRØ A/S — Credit Rating and Financial Key Figures

CVR number: 26455561
Vestergade 36, Ærøskøbing 5970 Ærøskøbing
fich@aeroehus.dk
tel: 62522123

Company information

Official name
EJENDOMSSELSKABET ÆRØ A/S
Established
2002
Domicile
Ærøskøbing
Company form
Limited company
Industry

About EJENDOMSSELSKABET ÆRØ A/S

EJENDOMSSELSKABET ÆRØ A/S (CVR number: 26455561) is a company from ÆRØ. The company recorded a gross profit of 708.4 kDKK in 2023. The operating profit was 428.9 kDKK, while net earnings were 1190.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSSELSKABET ÆRØ A/S's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit465.00396.00489.00719.00708.43
EBIT319.00174.00267.00456.00428.90
Net earnings1 001.0048.00107.00222.001 190.81
Shareholders equity total3 079.003 127.003 234.003 456.004 346.96
Balance sheet total (assets)10 965.0010 688.0010 503.0018 964.0015 433.77
Net debt7 826.007 497.007 131.0010 693.0011 057.58
Profitability
EBIT-%
ROA3.7 %2.1 %3.0 %3.4 %2.8 %
ROE38.8 %1.5 %3.4 %6.6 %30.5 %
ROI3.7 %2.1 %3.0 %3.5 %2.8 %
Economic value added (EVA)- 158.53- 383.00- 321.13- 127.43- 166.42
Solvency
Equity ratio28.1 %29.3 %30.8 %18.2 %28.2 %
Gearing254.4 %240.0 %220.7 %443.5 %254.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.34.23.51.42.7
Current ratio4.34.23.51.42.7
Cash and cash equivalents6.008.007.004 633.008.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.80%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.2%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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