NORDJYSK EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 30529103
Ørnevej 4, 9900 Frederikshavn
njejendom@njejendom.dk

Credit rating

Company information

Official name
NORDJYSK EJENDOMSSELSKAB A/S
Personnel
2 persons
Established
2007
Company form
Limited company
Industry

About NORDJYSK EJENDOMSSELSKAB A/S

NORDJYSK EJENDOMSSELSKAB A/S (CVR number: 30529103) is a company from FREDERIKSHAVN. The company recorded a gross profit of 2290.9 kDKK in 2023. The operating profit was 696.5 kDKK, while net earnings were -207 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NORDJYSK EJENDOMSSELSKAB A/S'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 profit3 047.273 462.502 821.192 490.112 290.93
EBIT1 422.871 760.961 175.66913.63696.53
Net earnings418.25564.43435.54188.77- 207.02
Shareholders equity total13 329.1413 893.5714 329.1014 517.8814 310.85
Balance sheet total (assets)61 209.4460 311.3859 509.1559 456.4159 626.32
Net debt39 708.4537 910.5037 124.6036 632.1836 671.56
Profitability
EBIT-%
ROA2.4 %2.9 %2.0 %1.5 %1.2 %
ROE3.2 %4.1 %3.1 %1.3 %-1.4 %
ROI2.6 %3.2 %2.2 %1.7 %1.3 %
Economic value added (EVA)-1 511.16-1 351.20-1 777.82-1 953.53-1 954.21
Solvency
Equity ratio21.8 %23.0 %24.1 %24.4 %24.0 %
Gearing297.9 %274.0 %259.6 %253.4 %256.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.20.2
Current ratio0.00.10.10.20.2
Cash and cash equivalents0.44164.0280.06158.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.20%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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