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

CVR number: 28485786
Svanevej 10-12, Tommerup St 5690 Tommerup

Company information

Official name
EJENDOMSSELSKABET RAGNHILDGADE A/S
Established
2005
Domicile
Tommerup St
Company form
Limited company
Industry

About EJENDOMSSELSKABET RAGNHILDGADE A/S

EJENDOMSSELSKABET RAGNHILDGADE A/S (CVR number: 28485786) is a company from ASSENS. The company reported a net sales of 8.5 mDKK in 2023, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 84.7 % (EBIT: 7.2 mDKK), while net earnings were 4715.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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 RAGNHILDGADE A/S's liquidity measured by quick ratio was 17.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 741.907 972.567 950.988 275.848 484.17
Gross profit5 605.246 205.625 652.666 241.525 986.74
EBIT19 193.2410 942.937 552.665 941.527 186.74
Net earnings14 062.047 989.635 273.623 669.534 715.16
Shareholders equity total54 545.0459 534.6664 808.2968 477.8263 192.98
Balance sheet total (assets)187 824.00221 271.08226 031.81228 929.44223 301.99
Net debt108 872.36136 342.68136 185.06135 014.63134 753.22
Profitability
EBIT-%247.9 %137.3 %95.0 %71.8 %84.7 %
ROA10.2 %5.5 %3.8 %3.1 %3.7 %
ROE23.4 %14.0 %8.5 %5.5 %7.2 %
ROI10.4 %5.7 %3.9 %3.1 %3.8 %
Economic value added (EVA)6 223.50323.77-3 914.10-5 427.36-4 581.17
Solvency
Equity ratio29.4 %27.2 %29.0 %30.3 %28.7 %
Gearing201.6 %230.2 %210.3 %197.9 %213.3 %
Relative net indebtedness %1454.9 %1761.8 %1762.4 %1679.9 %1637.2 %
Liquidity
Quick ratio8.216.720.122.117.9
Current ratio2.67.88.79.37.6
Cash and cash equivalents1 082.52686.3497.92512.017.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %75.7 %417.7 %456.9 %476.7 %382.7 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:3.69%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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