1927 Estate Development ApS — Credit Rating and Financial Key Figures

CVR number: 31943663
Nordre Strandvej 58, 8240 Risskov
www.1927.dk

Credit rating

Company information

Official name
1927 Estate Development ApS
Personnel
9 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon681100

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit9 339.00-3 273.00-5 520.00-9 817.00-6 458.00
EBIT6 057.00-12 085.00-12 573.00-19 349.00-25 151.00
Net earnings47 448.0018 469.0016 136.0035 814.00-7 957.00
Shareholders equity total87 533.00106 003.00122 472.0098 286.0090 329.00
Balance sheet total (assets)133 560.00120 720.00169 074.00135 757.00148 829.00
Net debt6 011.00-3 282.0039 845.0015 515.0055 456.00
Profitability
EBIT-%
ROA47.2 %14.0 %9.6 %21.0 %-8.8 %
ROE62.2 %19.1 %14.1 %32.4 %-8.4 %
ROI52.8 %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 ratio75.4 %87.8 %72.4 %72.4 %60.7 %
Gearing27.7 %3.8 %34.7 %32.6 %62.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.33.91.41.20.7
Current ratio2.03.91.41.20.7
Cash and cash equivalents18 223.007 272.002 671.0016 558.00585.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-8.82%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.7%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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