BOLIGSELSKABET AF 2004 ApS — Credit Rating and Financial Key Figures

CVR number: 28112297
Gl. Aalborgvej 213, Troelstrup 9632 Møldrup

Credit rating

Company information

Official name
BOLIGSELSKABET AF 2004 ApS
Established
2004
Domicile
Troelstrup
Company form
Private limited company
Industry

About BOLIGSELSKABET AF 2004 ApS

BOLIGSELSKABET AF 2004 ApS (CVR number: 28112297) is a company from VIBORG. The company recorded a gross profit of 401.5 kDKK in 2023. The operating profit was 215.9 kDKK, while net earnings were 113.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BOLIGSELSKABET AF 2004 ApS's liquidity measured by quick ratio was 0.2 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 profit502.32451.69488.16392.48401.50
EBIT331.20274.82307.63210.54215.90
Net earnings186.85137.52180.79115.27113.77
Shareholders equity total896.311 033.831 214.621 329.881 443.65
Balance sheet total (assets)3 951.913 769.893 705.573 541.963 591.08
Net debt2 364.912 174.161 815.701 560.551 346.52
Profitability
EBIT-%
ROA8.4 %7.1 %8.2 %5.8 %6.1 %
ROE23.3 %14.3 %16.1 %9.1 %8.2 %
ROI9.6 %8.1 %9.3 %6.6 %6.9 %
Economic value added (EVA)99.4349.8788.3113.7035.14
Solvency
Equity ratio22.7 %27.4 %32.8 %37.5 %40.2 %
Gearing275.8 %213.7 %159.9 %125.3 %105.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.20.2
Current ratio0.10.10.20.20.2
Cash and cash equivalents106.7235.55126.96105.40178.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.05%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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