Ejendomsfonden Artcenter Spritten — Credit Rating and Financial Key Figures

CVR number: 39732815
Østre Havnegade 12, 9000 Aalborg
jnj@niras.dk
tel: 21712337

Credit rating

Company information

Official name
Ejendomsfonden Artcenter Spritten
Personnel
2 persons
Established
2018
Industry

About Ejendomsfonden Artcenter Spritten

Ejendomsfonden Artcenter Spritten (CVR number: 39732815) is a company from AALBORG. The company recorded a gross profit of 772 kDKK in 2024. The operating profit was 512 kDKK, while net earnings were 810 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was 36.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.2 %, 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. Ejendomsfonden Artcenter Spritten's liquidity measured by quick ratio was 44.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit649.00669.00648.00657.00772.00
EBIT409.00359.00338.00347.00512.00
Net earnings328.00185.00233.00544.00810.00
Shareholders equity total842.001 027.001 260.001 804.002 614.00
Balance sheet total (assets)52 573.0054 118.0064 050.0074 403.00119 660.00
Net debt-21 490.00-18 714.00-12 663.00-17 131.00-58 791.00
Profitability
EBIT-%
ROA1.1 %0.7 %0.6 %0.8 %0.8 %
ROE48.4 %19.8 %20.4 %35.5 %36.7 %
ROI60.3 %38.4 %29.6 %36.9 %36.8 %
Economic value added (EVA)383.17316.69286.39283.69421.35
Solvency
Equity ratio1.6 %1.9 %2.0 %2.4 %2.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.614.16.920.444.1
Current ratio6.614.16.920.444.1
Cash and cash equivalents21 490.0018 714.0012 663.0017 131.0058 791.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.84%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.18%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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