Ejendomsudviklingsselskabet Skæring NORD ApS — Credit Rating and Financial Key Figures

CVR number: 41321091
Hack Kampmanns Plads 1, 8000 Aarhus C

Credit rating

Company information

Official name
Ejendomsudviklingsselskabet Skæring NORD ApS
Established
2020
Company form
Private limited company
Industry

About Ejendomsudviklingsselskabet Skæring NORD ApS

Ejendomsudviklingsselskabet Skæring NORD ApS (CVR number: 41321091) is a company from AARHUS. The company recorded a gross profit of 124.3 kDKK in 2024. The operating profit was 124.3 kDKK, while net earnings were -449.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.8 %, 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. Ejendomsudviklingsselskabet Skæring NORD 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
2021
2022
2023
2024
Volume
Net sales
Gross profit79.0969.95118.50124.28
EBIT79.0969.95118.50124.28
Net earnings- 211.29- 458.92- 436.05- 449.64
Shareholders equity total4 798.714 339.803 903.743 454.11
Balance sheet total (assets)18 227.4418 224.6518 271.7318 414.03
Net debt13 292.7013 793.5914 217.9014 893.26
Profitability
EBIT-%
ROA0.4 %0.4 %0.6 %0.7 %
ROE-4.4 %-10.0 %-10.6 %-12.2 %
ROI0.4 %0.4 %0.7 %0.7 %
Economic value added (EVA)61.83- 172.06-97.52-66.94
Solvency
Equity ratio26.3 %23.8 %21.4 %18.8 %
Gearing277.3 %318.8 %366.7 %431.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.0
Current ratio0.00.00.00.0
Cash and cash equivalents12.3940.9798.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.69%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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