Ejendomskreditselskabet Fairkredit A/S — Credit Rating and Financial Key Figures

CVR number: 36989467
Vester Farimagsgade 2, 1606 København V
info@fairkredit.dk
www.fairkredit.dk

Credit rating

Company information

Official name
Ejendomskreditselskabet Fairkredit A/S
Personnel
15 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Ejendomskreditselskabet Fairkredit A/S

Ejendomskreditselskabet Fairkredit A/S (CVR number: 36989467) is a company from KØBENHAVN. The company recorded a gross profit of 8086 kDKK in 2023. The operating profit was 2835.8 kDKK, while net earnings were 1211.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 32.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. Ejendomskreditselskabet Fairkredit A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 183.291 922.046 419.485 988.758 085.95
EBIT20.06516.403 402.27591.102 835.80
Net earnings16.96334.072 313.4515.451 211.48
Shareholders equity total411.50745.573 059.013 074.474 285.95
Balance sheet total (assets)553.303 253.3830 123.5225 560.8030 251.38
Net debt- 135.211 112.6014 449.577 539.0713 232.56
Profitability
EBIT-%
ROA4.5 %27.4 %20.5 %2.4 %10.4 %
ROE4.2 %57.7 %121.6 %0.5 %32.9 %
ROI5.6 %38.8 %34.1 %4.5 %19.7 %
Economic value added (EVA)12.78380.382 631.79293.071 939.61
Solvency
Equity ratio74.4 %22.9 %10.2 %12.0 %14.2 %
Gearing200.7 %480.3 %265.4 %318.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.61.31.11.01.1
Current ratio4.61.31.11.01.1
Cash and cash equivalents135.21383.52242.20619.96428.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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