EJENDOMSSELSKABET AARS STORCENTER A/S — Credit Rating and Financial Key Figures

CVR number: 30350715
Rolighedsvej 28, 7400 Herning
Free credit report Annual report

Company information

Official name
EJENDOMSSELSKABET AARS STORCENTER A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About EJENDOMSSELSKABET AARS STORCENTER A/S

EJENDOMSSELSKABET AARS STORCENTER A/S (CVR number: 30350715) is a company from HERNING. The company reported a net sales of 4.5 mDKK in 2024, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 90.9 % (EBIT: 4.1 mDKK), while net earnings were 2571.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. EJENDOMSSELSKABET AARS STORCENTER A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 496.004 562.004 720.004 845.004 476.43
Gross profit4 311.004 298.004 448.004 520.004 209.41
EBIT4 311.003 723.002 768.002 717.004 067.41
Net earnings2 984.002 529.001 596.001 322.002 571.24
Shareholders equity total35 146.0037 675.0039 271.0040 593.0043 164.45
Balance sheet total (assets)69 713.0068 815.0067 146.0065 456.0066 049.20
Net debt29 456.0026 200.0022 349.0018 385.0016 278.48
Profitability
EBIT-%95.9 %81.6 %58.6 %56.1 %90.9 %
ROA6.2 %5.4 %4.1 %4.1 %6.2 %
ROE8.9 %6.9 %4.1 %3.3 %6.1 %
ROI6.3 %5.4 %4.1 %4.2 %6.3 %
Economic value added (EVA)-96.17- 543.24-1 269.46-1 218.86-54.17
Solvency
Equity ratio57.6 %60.0 %61.8 %63.2 %66.6 %
Gearing84.8 %69.5 %56.9 %45.4 %37.7 %
Relative net indebtedness %679.8 %587.1 %488.7 %405.4 %379.3 %
Liquidity
Quick ratio0.10.00.00.00.1
Current ratio0.10.00.00.00.1
Cash and cash equivalents360.0041.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-104.1 %-105.5 %-98.4 %-102.5 %-100.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.19%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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