1927 Estate Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 1927 Estate Development ApS
1927 Estate Development ApS (CVR number: 31943663) is a company from AARHUS. The company recorded a gross profit of -6458 kDKK in 2022. The operating profit was -25.2 mDKK, while net earnings were -7957 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 1927 Estate Development ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 339.00 | -3 273.00 | -5 520.00 | -9 817.00 | -6 458.00 |
EBIT | 6 057.00 | -12 085.00 | -12 573.00 | -19 349.00 | -25 151.00 |
Net earnings | 47 448.00 | 18 469.00 | 16 136.00 | 35 814.00 | -7 957.00 |
Shareholders equity total | 87 533.00 | 106 003.00 | 122 472.00 | 98 286.00 | 90 329.00 |
Balance sheet total (assets) | 133 560.00 | 120 720.00 | 169 074.00 | 135 757.00 | 148 829.00 |
Net debt | 6 011.00 | -3 282.00 | 39 845.00 | 15 515.00 | 55 456.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 47.2 % | 14.0 % | 9.6 % | 21.0 % | -8.8 % |
ROE | 62.2 % | 19.1 % | 14.1 % | 32.4 % | -8.4 % |
ROI | 52.8 % | 15.7 % | 10.0 % | 21.6 % | -9.0 % |
Economic value added (EVA) | 2 640.17 | -8 559.26 | -7 225.53 | -11 831.56 | -15 020.44 |
Solvency | |||||
Equity ratio | 75.4 % | 87.8 % | 72.4 % | 72.4 % | 60.7 % |
Gearing | 27.7 % | 3.8 % | 34.7 % | 32.6 % | 62.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.9 | 1.4 | 1.2 | 0.7 |
Current ratio | 2.0 | 3.9 | 1.4 | 1.2 | 0.7 |
Cash and cash equivalents | 18 223.00 | 7 272.00 | 2 671.00 | 16 558.00 | 585.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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