BORGERVENNENS EJENDOMSFOND — Credit Rating and Financial Key Figures

CVR number: 56489312
Meldahlsgade 5, 1613 København V

Company information

Official name
BORGERVENNENS EJENDOMSFOND
Established
1901
Industry

About BORGERVENNENS EJENDOMSFOND

BORGERVENNENS EJENDOMSFOND (CVR number: 56489312) is a company from KØBENHAVN. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 61.5 % (EBIT: 0.7 mDKK), while net earnings were 663.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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. BORGERVENNENS EJENDOMSFOND's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales870.41980.50986.261 063.521 126.67
Gross profit595.08604.26666.43591.08727.69
EBIT595.08571.74633.92558.57692.58
Net earnings540.55522.12586.50515.72663.36
Shareholders equity total2 838.393 360.513 947.004 462.725 128.68
Balance sheet total (assets)5 455.375 698.916 117.856 400.036 933.48
Net debt1 131.631 115.22465.39-61.66- 681.20
Profitability
EBIT-%68.4 %58.3 %64.3 %52.5 %61.5 %
ROA11.2 %10.3 %10.7 %8.9 %10.4 %
ROE21.0 %16.8 %16.1 %12.3 %13.8 %
ROI12.6 %11.4 %12.0 %9.9 %11.4 %
Economic value added (EVA)438.76383.29419.05503.75674.94
Solvency
Equity ratio52.0 %59.0 %64.5 %69.7 %74.0 %
Gearing70.8 %51.8 %39.1 %30.3 %23.6 %
Relative net indebtedness %195.5 %174.7 %111.0 %49.1 %-7.7 %
Liquidity
Quick ratio1.10.81.42.02.6
Current ratio1.10.81.42.02.6
Cash and cash equivalents877.43625.951 076.001 414.961 891.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %12.1 %-14.7 %29.3 %67.7 %102.3 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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