Shine Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38989502
Industrivænget 26, 3400 Hillerød

Credit rating

Company information

Official name
Shine Ejendomme ApS
Established
2017
Company form
Private limited company
Industry

About Shine Ejendomme ApS

Shine Ejendomme ApS (CVR number: 38989502) is a company from HILLERØD. The company recorded a gross profit of 87 kDKK in 2024. The operating profit was 45.8 kDKK, while net earnings were -44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.9 %, 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. Shine 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-20.69184.44273.9887.00
EBIT-34.41143.27232.8045.82
Net earnings-0.03- 128.5321.34118.16-44.09
Shareholders equity total158.7830.2551.59169.75125.66
Balance sheet total (assets)158.944 484.474 442.534 496.884 361.56
Net debt0.164 447.334 355.724 187.024 177.80
Profitability
EBIT-%
ROA-1.5 %3.2 %5.2 %1.0 %
ROE-0.0 %-136.0 %52.2 %106.8 %-29.9 %
ROI-1.5 %3.2 %5.2 %1.0 %
Economic value added (EVA)-7.99-42.40- 123.63-26.12- 180.15
Solvency
Equity ratio99.9 %0.7 %1.2 %3.8 %2.9 %
Gearing0.1 %14726.2 %8455.3 %2526.5 %3330.7 %
Relative net indebtedness %
Liquidity
Quick ratio981.10.10.10.20.1
Current ratio981.10.10.10.20.1
Cash and cash equivalents0.006.896.13101.657.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.03%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.88%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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