Ejendomsselskabet Skovgaardsgade A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Skovgaardsgade A/S
Ejendomsselskabet Skovgaardsgade A/S (CVR number: 42373591) is a company from AARHUS. The company reported a net sales of 1.9 mDKK in 2024, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 71.4 % (EBIT: 1.4 mDKK), while net earnings were 730.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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 Skovgaardsgade A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 537.24 | 1 698.56 | 1 826.88 | 1 911.35 |
Gross profit | 2 833.33 | 1 370.24 | 1 067.17 | 1 364.54 |
EBIT | 2 833.33 | 1 370.24 | 1 067.17 | 1 364.54 |
Net earnings | 1 763.62 | 805.40 | 501.24 | 730.23 |
Shareholders equity total | 13 763.61 | 14 569.01 | 15 070.25 | 15 350.48 |
Balance sheet total (assets) | 41 938.73 | 42 441.41 | 42 881.11 | 43 313.12 |
Net debt | 26 176.39 | 25 975.28 | 25 446.61 | 24 998.19 |
Profitability | ||||
EBIT-% | 527.4 % | 80.7 % | 58.4 % | 71.4 % |
ROA | 6.8 % | 3.2 % | 2.5 % | 3.2 % |
ROE | 12.8 % | 5.7 % | 3.4 % | 4.8 % |
ROI | 7.0 % | 3.3 % | 2.6 % | 3.3 % |
Economic value added (EVA) | 2 207.49 | - 931.92 | -1 201.52 | - 968.71 |
Solvency | ||||
Equity ratio | 33.0 % | 34.5 % | 35.4 % | 35.7 % |
Gearing | 192.5 % | 181.1 % | 174.7 % | 171.1 % |
Relative net indebtedness % | 5092.9 % | 1577.8 % | 1435.8 % | 1357.8 % |
Liquidity | ||||
Quick ratio | 0.4 | 0.6 | 1.6 | 1.9 |
Current ratio | 0.3 | 0.5 | 1.0 | 1.3 |
Cash and cash equivalents | 314.02 | 409.77 | 874.13 | 1 260.20 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.6 | |||
Net working capital % | -159.4 % | -28.5 % | 2.0 % | 14.8 % |
Credit risk | ||||
Credit rating | AA | AA | A | AA |
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