EJENDOMMEN ØSTRE GASVÆRK (FOND) — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMMEN ØSTRE GASVÆRK (FOND)
EJENDOMMEN ØSTRE GASVÆRK (FOND) (CVR number: 11142745) is a company from KØBENHAVN. The company reported a net sales of 3 mDKK in 2023, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 45.2 % (EBIT: 1.4 mDKK), while net earnings were 1225.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EJENDOMMEN ØSTRE GASVÆRK (FOND)'s liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 665.67 | 3 135.98 | 3 702.06 | 2 944.15 | 3 012.81 |
Gross profit | 3 720.79 | 3 923.20 | 4 074.87 | 45 638.90 | 4 362.77 |
EBIT | 781.28 | 948.64 | 1 125.32 | 42 689.28 | 1 361.08 |
Net earnings | -46.70 | 900.43 | 1 118.53 | 43 428.07 | 1 225.51 |
Shareholders equity total | 39 708.79 | 40 609.22 | 41 727.75 | 85 155.82 | 86 381.34 |
Balance sheet total (assets) | 87 454.14 | 84 115.75 | 83 359.14 | 123 163.18 | 121 813.61 |
Net debt | 9 032.93 | 9 083.34 | 9 940.58 | 4 563.84 | 2 710.51 |
Profitability | |||||
EBIT-% | 29.3 % | 30.3 % | 30.4 % | 1450.0 % | 45.2 % |
ROA | 0.9 % | 1.1 % | 1.3 % | 41.3 % | 1.1 % |
ROE | -0.1 % | 2.2 % | 2.7 % | 68.5 % | 1.4 % |
ROI | 1.4 % | 1.6 % | 2.0 % | 54.5 % | 1.4 % |
Economic value added (EVA) | -2 357.06 | -1 551.54 | -1 396.47 | 40 808.58 | -3 518.79 |
Solvency | |||||
Equity ratio | 45.4 % | 48.3 % | 50.1 % | 69.1 % | 70.9 % |
Gearing | 32.7 % | 30.1 % | 27.4 % | 12.5 % | 11.3 % |
Relative net indebtedness % | 1456.2 % | 1137.7 % | 964.8 % | 969.3 % | 830.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.6 | 1.7 | 2.0 |
Current ratio | 0.9 | 1.0 | 1.6 | 1.7 | 2.0 |
Cash and cash equivalents | 3 963.56 | 3 129.27 | 1 491.46 | 6 052.52 | 7 077.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.5 | 71.0 | 158.2 | 15.7 | 12.3 |
Net working capital % | -22.8 % | 5.5 % | 57.2 % | 91.3 % | 126.6 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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