Ejendomsselskabet Olof Palmes Alle A/S — Credit Rating and Financial Key Figures

CVR number: 41825480
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Olof Palmes Alle A/S
Established
2020
Company form
Limited company
Industry

About Ejendomsselskabet Olof Palmes Alle A/S

Ejendomsselskabet Olof Palmes Alle A/S (CVR number: 41825480) is a company from AARHUS. The company reported a net sales of 5.6 mDKK in 2024, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 83.7 % (EBIT: 4.7 mDKK), while net earnings were 3033.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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 Olof Palmes Alle A/S's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales5 549.775 407.455 756.105 564.07
Gross profit7 172.544 734.295 109.184 654.92
EBIT7 172.544 734.295 109.184 654.92
Net earnings4 888.953 336.483 405.443 033.11
Shareholders equity total45 888.9549 225.4350 630.8853 663.99
Balance sheet total (assets)103 837.07104 073.76102 314.42102 656.05
Net debt54 103.8451 756.6549 037.7746 855.99
Profitability
EBIT-%129.2 %87.6 %88.8 %83.7 %
ROA6.9 %4.6 %5.0 %4.6 %
ROE10.7 %7.0 %6.8 %5.8 %
ROI7.1 %4.7 %5.1 %4.6 %
Economic value added (EVA)5 592.85-1 115.09- 903.04-1 187.30
Solvency
Equity ratio45.1 %47.8 %49.5 %52.3 %
Gearing120.2 %105.3 %97.3 %87.5 %
Relative net indebtedness %1016.2 %1002.6 %882.6 %865.7 %
Liquidity
Quick ratio0.30.40.10.1
Current ratio0.30.40.10.1
Cash and cash equivalents1 066.0772.33240.36102.60
Capital use efficiency
Trade debtors turnover (days)0.30.8
Net working capital %-68.5 %-65.2 %-90.9 %-87.5 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.57%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 41/100
-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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