Contrast Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 36984732
Rudolfgårdsvej 6 A, 8260 Viby J

Company information

Official name
Contrast Ejendomme ApS
Established
2015
Company form
Private limited company
Industry

About Contrast Ejendomme ApS

Contrast Ejendomme ApS (CVR number: 36984732) is a company from AARHUS. The company recorded a gross profit of 1903.3 kDKK in 2023. The operating profit was 976.8 kDKK, while net earnings were 1052.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9 %, 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. Contrast Ejendomme ApS'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 274.221 398.661 514.031 842.371 903.26
EBIT596.65719.77801.311 028.15976.80
Net earnings174.78352.16248.35326.151 052.28
Shareholders equity total461.28813.441 061.801 387.952 440.23
Balance sheet total (assets)17 109.6016 489.3519 732.2720 200.2727 104.58
Net debt16 402.0015 142.4617 958.5518 235.3522 781.22
Profitability
EBIT-%
ROA3.9 %4.3 %3.7 %4.6 %9.7 %
ROE46.7 %55.3 %26.5 %26.6 %55.0 %
ROI3.9 %4.3 %3.8 %4.7 %10.0 %
Economic value added (EVA)8.71-47.6828.08222.6135.95
Solvency
Equity ratio2.7 %4.9 %5.4 %6.9 %9.0 %
Gearing3556.2 %1861.5 %1691.3 %1320.3 %952.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents2.030.1689.54450.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:9.66%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.00%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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