Ejendomsselskabet Gartnerparken 2 Odense A/S — Credit Rating and Financial Key Figures

CVR number: 41478632
Vindingvej 2 A, 7100 Vejle

Credit rating

Company information

Official name
Ejendomsselskabet Gartnerparken 2 Odense A/S
Established
2020
Company form
Limited company
Industry

About Ejendomsselskabet Gartnerparken 2 Odense A/S

Ejendomsselskabet Gartnerparken 2 Odense A/S (CVR number: 41478632) is a company from VEJLE. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was poor at -110.4 % (EBIT: -2.4 mDKK), while net earnings were -2267.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ejendomsselskabet Gartnerparken 2 Odense A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales1 437.602 191.592 152.14
Gross profit2 552.143 649.54-2 375.62
EBIT2 552.143 649.54-2 375.62
Net earnings1 778.174 939.19-2 267.89
Shareholders equity total14 278.1719 217.3616 949.47
Balance sheet total (assets)41 112.9641 075.7837 173.44
Net debt23 904.7119 940.6719 432.90
Profitability
EBIT-%177.5 %166.5 %-110.4 %
ROA6.2 %16.5 %-6.1 %
ROE12.5 %29.5 %-12.5 %
ROI6.3 %16.8 %-6.2 %
Economic value added (EVA)1 988.04967.25-3 794.18
Solvency
Equity ratio34.7 %46.8 %45.6 %
Gearing180.1 %104.2 %114.9 %
Relative net indebtedness %1706.0 %949.9 %931.8 %
Liquidity
Quick ratio1.40.10.1
Current ratio1.40.10.1
Cash and cash equivalents1 805.1675.7837.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %35.5 %-63.1 %-50.1 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-6.07%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.6%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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