EJENDOMSSELSKABET TINGVEJ 44 ApS — Credit Rating and Financial Key Figures

CVR number: 28990952
Tingvej 44, Hvalpsund 9640 Farsø
ejendomsselskabet@tingvej44.dk

Credit rating

Company information

Official name
EJENDOMSSELSKABET TINGVEJ 44 ApS
Established
2005
Domicile
Hvalpsund
Company form
Private limited company
Industry
  • Expand more icon773990

About EJENDOMSSELSKABET TINGVEJ 44 ApS

EJENDOMSSELSKABET TINGVEJ 44 ApS (CVR number: 28990952) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 338.1 kDKK in 2024. The operating profit was 98.1 kDKK, while net earnings were 692.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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 TINGVEJ 44 ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit450.31-24.20329.54345.78338.12
EBIT210.97-18 166.4489.54105.7898.12
Net earnings269.88- 750.425.5326.36692.84
Shareholders equity total904.872 604.452 609.982 636.343 329.18
Balance sheet total (assets)26 064.817 226.266 995.466 788.976 574.26
Net debt24 588.434 595.654 360.364 087.023 202.69
Profitability
EBIT-%
ROA1.8 %-4.0 %1.3 %1.5 %11.9 %
ROE35.1 %-42.8 %0.2 %1.0 %23.2 %
ROI1.8 %-4.0 %1.3 %1.5 %12.0 %
Economic value added (EVA)-35.35-18 399.95- 260.46- 232.59- 227.77
Solvency
Equity ratio3.5 %36.0 %37.3 %38.8 %50.6 %
Gearing2726.7 %176.5 %167.3 %156.8 %96.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.30.5
Current ratio0.00.10.10.30.5
Cash and cash equivalents84.681.155.1245.6122.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

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