EJENDOMMEN RINGAGER 34 — Credit Rating and Financial Key Figures

CVR number: 31156327
Ringager 34, 2605 Brøndby
weba@mail.dk
tel: 43432907

Company information

Official name
EJENDOMMEN RINGAGER 34
Established
2007
Company form
General partnership
Industry

About EJENDOMMEN RINGAGER 34

EJENDOMMEN RINGAGER 34 (CVR number: 31156327) is a company from BRØNDBY. The company recorded a gross profit of 260.4 kDKK in 2023. The operating profit was 214.7 kDKK, while net earnings were 136.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. EJENDOMMEN RINGAGER 34'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 profit238.13242.79232.06220.15260.36
EBIT192.43197.09186.36174.45214.66
Net earnings155.71159.65146.97132.12136.75
Shareholders equity total1 801.641 761.281 908.261 840.381 577.13
Balance sheet total (assets)2 910.882 922.923 091.703 079.832 912.65
Net debt780.99776.46583.63602.91803.13
Profitability
EBIT-%
ROA6.4 %6.8 %6.2 %5.7 %7.2 %
ROE8.1 %9.0 %8.0 %7.0 %8.0 %
ROI6.8 %7.3 %6.6 %6.0 %7.8 %
Economic value added (EVA)104.49113.03107.2098.67143.96
Solvency
Equity ratio61.9 %60.3 %61.7 %59.8 %54.1 %
Gearing50.5 %54.6 %51.6 %56.3 %70.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.30.40.2
Current ratio0.10.20.30.40.2
Cash and cash equivalents128.72185.95400.27433.29311.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.22%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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