EJENDOMSSELSKABET ABSALONHUS HORSENS ApS — Credit Rating and Financial Key Figures

CVR number: 70713519
Levysgade 14, 8700 Horsens
info@cobo.as
tel: 75626622

Company information

Official name
EJENDOMSSELSKABET ABSALONHUS HORSENS ApS
Established
1984
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ABSALONHUS HORSENS ApS

EJENDOMSSELSKABET ABSALONHUS HORSENS ApS (CVR number: 70713519) is a company from HORSENS. The company recorded a gross profit of 703 kDKK in 2023. The operating profit was -734.8 kDKK, while net earnings were -568.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. EJENDOMSSELSKABET ABSALONHUS HORSENS ApS's liquidity measured by quick ratio was 9.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 376.501 127.39537.641 093.59703.04
EBIT-1 053.631 887.94-18.88310.56- 734.79
Net earnings- 835.951 618.24354.73758.45- 568.85
Shareholders equity total22 521.6024 382.0924 736.8225 495.2624 926.41
Balance sheet total (assets)47 828.3948 678.9447 850.7447 580.9245 956.65
Net debt20 144.4719 315.4218 453.2917 687.0817 147.50
Profitability
EBIT-%
ROA-0.9 %5.4 %1.4 %2.3 %0.3 %
ROE-5.1 %6.9 %1.4 %3.0 %-2.3 %
ROI-0.9 %5.6 %1.5 %2.4 %0.3 %
Economic value added (EVA)-2 264.49- 647.94-2 167.12-1 831.12-2 712.80
Solvency
Equity ratio47.1 %50.1 %51.7 %53.6 %54.2 %
Gearing90.5 %80.1 %75.5 %70.0 %69.3 %
Relative net indebtedness %
Liquidity
Quick ratio6.26.36.78.39.1
Current ratio6.26.36.78.39.1
Cash and cash equivalents245.02209.34216.44169.65119.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:0.29%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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