ETE-Ejendomme HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33745729
Bohrsvej 10, 8600 Silkeborg

Company information

Official name
ETE-Ejendomme HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About ETE-Ejendomme HOLDING ApS

ETE-Ejendomme HOLDING ApS (CVR number: 33745729) is a company from SILKEBORG. The company recorded a gross profit of 114.2 kDKK in 2023. The operating profit was 37.3 kDKK, while net earnings were 252.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETE-Ejendomme HOLDING ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit85.3088.36118.25115.50114.21
EBIT11.5911.4141.3038.5537.26
Net earnings563.84845.53829.29415.15252.49
Shareholders equity total6 330.646 765.566 981.866 782.615 735.10
Balance sheet total (assets)7 383.948 051.008 577.887 769.736 405.73
Net debt826.391 037.161 264.51308.01370.08
Profitability
EBIT-%
ROA7.9 %11.2 %10.5 %5.4 %3.7 %
ROE9.0 %12.9 %12.1 %6.0 %4.0 %
ROI7.9 %11.3 %10.6 %5.4 %3.7 %
Economic value added (EVA)- 213.82- 208.05- 174.69- 163.62- 137.29
Solvency
Equity ratio85.7 %84.0 %81.4 %87.3 %89.5 %
Gearing13.7 %15.9 %19.7 %11.1 %7.4 %
Relative net indebtedness %
Liquidity
Quick ratio6.52.71.82.40.2
Current ratio6.52.71.82.40.2
Cash and cash equivalents44.0335.93107.69445.7855.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.73%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.5%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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