Cubis Ejendomme ApS

CVR number: 29218390
Finderupvej 2 M, 8000 Aarhus C
lh@cubis.dk

Credit rating

Company information

Official name
Cubis Ejendomme ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Cubis Ejendomme ApS

Cubis Ejendomme ApS (CVR number: 29218390) is a company from AARHUS. The company recorded a gross profit of 2005.8 kDKK in 2023. The operating profit was -382.3 kDKK, while net earnings were -1425.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -39.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.4 %, 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. Cubis Ejendomme ApS's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales
Gross profit1 530.411 975.731 570.912 114.112 005.79
EBIT854.081 673.251 819.481 855.42- 382.34
Net earnings134.40906.211 055.57807.40-1 425.38
Shareholders equity total1 575.092 481.303 536.874 344.282 918.90
Balance sheet total (assets)47 431.1349 508.1651 952.1056 098.0153 957.65
Net debt41 541.3942 806.6244 280.1447 864.7947 878.61
Profitability
EBIT-%
ROA1.6 %3.5 %3.6 %3.4 %-0.7 %
ROE1.0 %44.7 %35.1 %20.5 %-39.2 %
ROI1.7 %3.5 %3.6 %3.4 %-0.7 %
Economic value added (EVA)-1 203.75- 275.10- 326.97177.64-1 797.60
Solvency
Equity ratio3.3 %5.0 %6.8 %7.7 %5.4 %
Gearing2655.0 %1725.2 %1252.0 %1101.8 %1640.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.3
Cash and cash equivalents277.890.050.050.050.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-0.74%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.41%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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