Ejendomsselskabet Algade A/S — Credit Rating and Financial Key Figures

CVR number: 43311867
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
Ejendomsselskabet Algade A/S
Established
2022
Company form
Limited company
Industry

About Ejendomsselskabet Algade A/S

Ejendomsselskabet Algade A/S (CVR number: 43311867) is a company from AARHUS. The company reported a net sales of 3.7 mDKK in 2024, demonstrating a growth of 0.5 % compared to the previous year. The operating profit percentage was at 76.8 % (EBIT: 2.9 mDKK), while net earnings were 1457.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, 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 45.4 %, 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 Algade A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales1 461.363 726.903 743.88
Gross profit2 808.913 118.072 876.82
EBIT2 808.913 118.072 876.82
Net earnings1 740.251 584.461 457.58
Shareholders equity total22 740.2524 324.7125 782.28
Balance sheet total (assets)55 922.2656 230.0556 821.42
Net debt31 098.6729 731.2328 487.88
Profitability
EBIT-%192.2 %83.7 %76.8 %
ROA5.0 %5.6 %5.2 %
ROE7.7 %6.7 %5.8 %
ROI5.1 %5.7 %5.3 %
Economic value added (EVA)2 188.97- 181.98- 417.02
Solvency
Equity ratio40.7 %43.3 %45.4 %
Gearing138.7 %122.6 %111.4 %
Relative net indebtedness %2205.4 %834.8 %798.4 %
Liquidity
Quick ratio0.40.51.0
Current ratio0.40.51.0
Cash and cash equivalents452.7380.46235.55
Capital use efficiency
Trade debtors turnover (days)2.2
Net working capital %-98.3 %-30.8 %-1.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:5.17%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-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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