EJENDOMSSELSKABET MIDTJYLLAND ApS — Credit Rating and Financial Key Figures

CVR number: 26750431
Torvet 6, 7400 Herning
service@ejmidtjylland.dk
tel: 30200595
ejendomsselskabetmidtjylland.dk

Credit rating

Company information

Official name
EJENDOMSSELSKABET MIDTJYLLAND ApS
Personnel
15 persons
Established
2002
Company form
Private limited company
Industry

About EJENDOMSSELSKABET MIDTJYLLAND ApS

EJENDOMSSELSKABET MIDTJYLLAND ApS (CVR number: 26750431) is a company from HERNING. The company recorded a gross profit of 11.4 mDKK in 2023. The operating profit was 5127.4 kDKK, while net earnings were 13.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EJENDOMSSELSKABET MIDTJYLLAND ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit8 925.788 729.0910 474.6811 374.7611 362.70
EBIT4 593.763 214.524 076.624 255.855 127.37
Net earnings7 003.018 483.1910 735.7119 419.5813 807.18
Shareholders equity total53 363.8060 346.9969 082.7079 002.2890 309.47
Balance sheet total (assets)118 751.76123 930.59129 495.13135 956.60144 853.61
Net debt57 091.0653 639.8952 395.4747 930.1344 570.89
Profitability
EBIT-%
ROA7.7 %8.1 %9.9 %15.6 %10.9 %
ROE14.0 %14.9 %16.6 %26.2 %16.3 %
ROI8.1 %8.3 %10.2 %16.0 %11.2 %
Economic value added (EVA)2 112.84376.991 406.531 518.111 884.65
Solvency
Equity ratio45.0 %48.7 %53.3 %58.1 %62.3 %
Gearing107.1 %91.1 %76.0 %61.9 %51.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.40.6
Current ratio0.10.20.20.40.6
Cash and cash equivalents51.821 307.50131.631 000.001 559.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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