Ejendomsselskabet Jeppe Skovgaards Vej 11 ApS — Credit Rating and Financial Key Figures

CVR number: 19044505
Jeppe Skovgaards Vej 11, 6800 Varde
tel: 75223263

Credit rating

Company information

Official name
Ejendomsselskabet Jeppe Skovgaards Vej 11 ApS
Personnel
7 persons
Established
1996
Company form
Private limited company
Industry

About Ejendomsselskabet Jeppe Skovgaards Vej 11 ApS

Ejendomsselskabet Jeppe Skovgaards Vej 11 ApS (CVR number: 19044505) is a company from VARDE. The company reported a net sales of 149.3 mDKK in 2023, demonstrating a growth of 33.6 % compared to the previous year. The operating profit percentage was poor at -1.4 % (EBIT: -2.1 mDKK), while net earnings were -3116.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -58.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.5 %, 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. Ejendomsselskabet Jeppe Skovgaards Vej 11 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 sales111 769.33149 344.40
Gross profit9 694.7911 479.7211 226.9411 622.5012 221.13
EBIT-1 348.191 884.641 931.81-1 705.71-2 053.07
Net earnings-2 228.65981.602 001.76-2 225.47-3 116.57
Shareholders equity total6 931.477 784.329 786.086 761.553 967.35
Balance sheet total (assets)37 287.8441 290.1232 232.6034 637.8625 576.44
Net debt11 281.217 683.345 680.528 693.0217 260.34
Profitability
EBIT-%-1.5 %-1.4 %
ROA-3.2 %4.8 %5.4 %-4.7 %-6.3 %
ROE-27.3 %13.3 %22.8 %-26.9 %-58.1 %
ROI-5.7 %10.1 %12.0 %-9.3 %-9.5 %
Economic value added (EVA)-1 990.141 381.98830.22-2 211.80-2 356.03
Solvency
Equity ratio19.2 %19.7 %32.0 %20.6 %15.5 %
Gearing170.5 %102.2 %58.3 %129.2 %435.1 %
Relative net indebtedness %23.7 %14.0 %
Liquidity
Quick ratio0.20.30.40.50.2
Current ratio1.11.31.41.70.6
Cash and cash equivalents537.35271.1320.1945.322.79
Capital use efficiency
Trade debtors turnover (days)13.50.1
Net working capital %11.0 %-2.2 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-6.34%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.5%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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