ÅBYEN FUTURE HOUSING ApS — Credit Rating and Financial Key Figures

CVR number: 29771499
Fiskerikajerne 16, 8500 Grenaa
tel: 86326300

Company information

Official name
ÅBYEN FUTURE HOUSING ApS
Established
2006
Company form
Private limited company
Industry

About ÅBYEN FUTURE HOUSING ApS

ÅBYEN FUTURE HOUSING ApS (CVR number: 29771499) is a company from NORDDJURS. The company recorded a gross profit of -432.4 kDKK in 2023. The operating profit was -554.7 kDKK, while net earnings were -563 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -36 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ÅBYEN FUTURE HOUSING 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 profit- 339.46- 223.95- 123.41- 374.09- 432.41
EBIT- 383.75- 287.79- 219.34- 479.53- 554.74
Net earnings- 662.20- 395.64- 354.95- 532.10- 563.00
Shareholders equity total806.19410.5555.5939.72- 523.28
Balance sheet total (assets)3 299.453 379.914 642.033 215.213 089.12
Net debt2 357.332 903.023 550.243 124.333 573.99
Profitability
EBIT-%
ROA-11.4 %-8.6 %-5.5 %-12.2 %-16.2 %
ROE-103.9 %-65.0 %-152.3 %-1116.5 %-36.0 %
ROI-11.8 %-8.9 %-6.3 %-14.1 %-16.4 %
Economic value added (EVA)- 407.29- 328.30- 239.97- 481.99- 556.20
Solvency
Equity ratio24.4 %12.1 %1.2 %1.2 %-14.5 %
Gearing292.4 %707.1 %6397.7 %7893.3 %-684.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.40.00.0
Current ratio0.40.20.40.00.0
Cash and cash equivalents6.5510.665.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-16.2%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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