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

CVR number: 42373591
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

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

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales537.241 698.561 826.881 911.35
Gross profit2 833.331 370.241 067.171 364.54
EBIT2 833.331 370.241 067.171 364.54
Net earnings1 763.62805.40501.24730.23
Shareholders equity total13 763.6114 569.0115 070.2515 350.48
Balance sheet total (assets)41 938.7342 441.4142 881.1143 313.12
Net debt26 176.3925 975.2825 446.6124 998.19
Profitability
EBIT-%527.4 %80.7 %58.4 %71.4 %
ROA6.8 %3.2 %2.5 %3.2 %
ROE12.8 %5.7 %3.4 %4.8 %
ROI7.0 %3.3 %2.6 %3.3 %
Economic value added (EVA)2 207.49- 931.92-1 201.52- 968.71
Solvency
Equity ratio33.0 %34.5 %35.4 %35.7 %
Gearing192.5 %181.1 %174.7 %171.1 %
Relative net indebtedness %5092.9 %1577.8 %1435.8 %1357.8 %
Liquidity
Quick ratio0.40.61.61.9
Current ratio0.30.51.01.3
Cash and cash equivalents314.02409.77874.131 260.20
Capital use efficiency
Trade debtors turnover (days)1.6
Net working capital %-159.4 %-28.5 %2.0 %14.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.22%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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