Ejendomsselskabet Fremtiden ApS — Credit Rating and Financial Key Figures

CVR number: 38917862
Nordtoft 20, 9000 Aalborg
jkr@carsoe.com

Company information

Official name
Ejendomsselskabet Fremtiden ApS
Established
2017
Company form
Private limited company
Industry

About Ejendomsselskabet Fremtiden ApS

Ejendomsselskabet Fremtiden ApS (CVR number: 38917862) is a company from AALBORG. The company recorded a gross profit of 280.1 kDKK in 2023. The operating profit was 264.6 kDKK, while net earnings were -92 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Fremtiden ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit424.93544.17383.32727.59280.10
EBIT410.92528.61363.57715.18264.58
Net earnings240.76319.40171.44407.51-91.97
Shareholders equity total376.59640.69812.131 162.441 011.51
Balance sheet total (assets)5 103.116 856.6610 353.7711 288.4811 238.53
Net debt4 436.925 693.338 931.719 583.469 738.21
Profitability
EBIT-%
ROA8.7 %8.8 %4.2 %6.6 %2.3 %
ROE85.0 %62.8 %23.6 %41.3 %-8.5 %
ROI9.0 %9.1 %4.4 %6.8 %2.4 %
Economic value added (EVA)251.51278.48116.51194.70-73.75
Solvency
Equity ratio7.4 %9.3 %7.8 %10.3 %9.0 %
Gearing1203.9 %918.9 %1114.4 %825.3 %964.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.0
Current ratio0.10.10.10.00.0
Cash and cash equivalents96.69193.83118.8410.3421.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.35%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.00%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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