Ejendomsselskabet Åbogade A/S — Credit Rating and Financial Key Figures

CVR number: 42861251
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Åbogade A/S
Established
2021
Company form
Limited company
Industry

About Ejendomsselskabet Åbogade A/S

Ejendomsselskabet Åbogade A/S (CVR number: 42861251) is a company from AARHUS. The company reported a net sales of 2.3 mDKK in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 76.2 % (EBIT: 1.8 mDKK), while net earnings were 1020 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ejendomsselskabet Åbogade A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales2 006.122 311.452 345.65
Gross profit3 399.111 915.401 786.63
EBIT3 399.111 915.401 786.63
Net earnings1 942.751 106.651 019.96
Shareholders equity total18 442.7519 549.4020 244.36
Balance sheet total (assets)51 976.6652 384.0852 386.52
Net debt29 339.6328 316.2327 170.17
Profitability
EBIT-%169.4 %82.9 %76.2 %
ROA6.5 %3.7 %3.5 %
ROE10.5 %5.8 %5.1 %
ROI6.6 %3.7 %3.5 %
Economic value added (EVA)2 648.55- 862.75- 967.94
Solvency
Equity ratio35.6 %37.4 %38.8 %
Gearing162.0 %148.4 %139.0 %
Relative net indebtedness %1629.3 %1375.7 %1313.1 %
Liquidity
Quick ratio0.40.70.7
Current ratio0.40.60.6
Cash and cash equivalents535.14690.76965.30
Capital use efficiency
Trade debtors turnover (days)1.8
Net working capital %-46.2 %-24.4 %-29.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.46%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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