Ejendomsselskabet af 2020 Herning A/S — Credit Rating and Financial Key Figures

Ejendomsselskabet af 2020 Herning A/S (CVR number: 11169902) is a company from HERNING. The company recorded a gross profit of -21.6 kDKK in 2023. The operating profit was -21.6 kDKK, while net earnings were 30 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 8.4 %, 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 af 2020 Herning A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.