EJENDOMSSELSKABET GRØNNEGADE 63 ApS — Credit Rating and Financial Key Figures

CVR number: 29206635
Grønnegade 63, 8000 Aarhus C

Credit rating

Company information

Official name
EJENDOMSSELSKABET GRØNNEGADE 63 ApS
Established
2005
Company form
Private limited company
Industry

About EJENDOMSSELSKABET GRØNNEGADE 63 ApS

EJENDOMSSELSKABET GRØNNEGADE 63 ApS (CVR number: 29206635) is a company from AARHUS. The company recorded a gross profit of 228.1 kDKK in 2023. The operating profit was 212.3 kDKK, while net earnings were 158.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EJENDOMSSELSKABET GRØNNEGADE 63 ApS's liquidity measured by quick ratio was 0 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 profit193.73229.45216.69227.01228.14
EBIT181.82213.56200.80211.12212.25
Net earnings131.38151.62143.53162.57158.51
Shareholders equity total492.69544.31587.84650.42808.93
Balance sheet total (assets)1 765.221 730.951 647.191 631.301 615.41
Net debt902.96785.82846.85749.56558.46
Profitability
EBIT-%
ROA10.4 %12.2 %11.9 %12.9 %13.1 %
ROE26.4 %29.2 %25.4 %26.3 %21.7 %
ROI11.0 %13.5 %12.8 %13.4 %13.7 %
Economic value added (EVA)83.39112.66106.73124.65121.18
Solvency
Equity ratio27.9 %31.4 %35.7 %39.9 %50.1 %
Gearing200.8 %156.8 %144.1 %115.2 %69.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.1
Current ratio0.20.1
Cash and cash equivalents86.2567.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.1%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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