EJENDOMSSELSKABET RAGNHILDGADE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 741.90 | 7 972.56 | 7 950.98 | 8 275.84 | 8 484.17 |
Gross profit | 5 605.24 | 6 205.62 | 5 652.66 | 6 241.52 | 5 986.74 |
EBIT | 19 193.24 | 10 942.93 | 7 552.66 | 5 941.52 | 7 186.74 |
Net earnings | 14 062.04 | 7 989.63 | 5 273.62 | 3 669.53 | 4 715.16 |
Shareholders equity total | 54 545.04 | 59 534.66 | 64 808.29 | 68 477.82 | 63 192.98 |
Balance sheet total (assets) | 187 824.00 | 221 271.08 | 226 031.81 | 228 929.44 | 223 301.99 |
Net debt | 108 872.36 | 136 342.68 | 136 185.06 | 135 014.63 | 134 753.22 |
Profitability | |||||
EBIT-% | 247.9 % | 137.3 % | 95.0 % | 71.8 % | 84.7 % |
ROA | 10.2 % | 5.5 % | 3.8 % | 3.1 % | 3.7 % |
ROE | 23.4 % | 14.0 % | 8.5 % | 5.5 % | 7.2 % |
ROI | 10.4 % | 5.7 % | 3.9 % | 3.1 % | 3.8 % |
Economic value added (EVA) | 6 223.50 | 323.77 | -3 914.10 | -5 427.36 | -4 581.17 |
Solvency | |||||
Equity ratio | 29.4 % | 27.2 % | 29.0 % | 30.3 % | 28.7 % |
Gearing | 201.6 % | 230.2 % | 210.3 % | 197.9 % | 213.3 % |
Relative net indebtedness % | 1454.9 % | 1761.8 % | 1762.4 % | 1679.9 % | 1637.2 % |
Liquidity | |||||
Quick ratio | 8.2 | 16.7 | 20.1 | 22.1 | 17.9 |
Current ratio | 2.6 | 7.8 | 8.7 | 9.3 | 7.6 |
Cash and cash equivalents | 1 082.52 | 686.34 | 97.92 | 512.01 | 7.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 75.7 % | 417.7 % | 456.9 % | 476.7 % | 382.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AA |
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