Engmarken 11 A/S — Credit Rating and Financial Key Figures

CVR number: 33872887
August Bournonvilles Passage 1, 1055 København K

Credit rating

Company information

Official name
Engmarken 11 A/S
Established
2011
Company form
Limited company
Industry

About Engmarken 11 A/S

Engmarken 11 A/S (CVR number: 33872887) is a company from KØBENHAVN. The company recorded a gross profit of 4879.9 kDKK in 2023. The operating profit was 4132.6 kDKK, while net earnings were -2260 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -43.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.8 %, 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. Engmarken 11 A/S'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 sales4 929.30
Gross profit4 492.623 571.274 966.614 972.214 879.93
EBIT3 643.983 957.204 966.6137 130.544 132.59
Net earnings3 318.883 300.453 701.1728 384.61-2 259.97
Shareholders equity total34 380.2837 701.1541 580.086 544.583 820.63
Balance sheet total (assets)71 538.3569 103.5678 041.62111 289.35101 029.86
Net debt48 657.7415 055.4920 680.6980 614.0774 257.91
Profitability
EBIT-%73.9 %
ROA6.6 %5.7 %7.0 %39.7 %3.9 %
ROE15.3 %9.2 %9.3 %118.0 %-43.6 %
ROI6.5 %5.7 %7.2 %40.7 %4.0 %
Economic value added (EVA)1 331.17- 153.841 979.4826 872.421 510.56
Solvency
Equity ratio48.1 %54.6 %53.3 %5.9 %3.8 %
Gearing141.6 %39.9 %49.7 %1231.8 %1943.6 %
Relative net indebtedness %545.7 %
Liquidity
Quick ratio0.80.00.40.80.2
Current ratio0.80.00.40.80.2
Cash and cash equivalents12.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-12.2 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.89%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.78%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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