K/S STUDSGADE 29 — Credit Rating and Financial Key Figures

CVR number: 19577244
Lille Torv 6, 8000 Aarhus C

Company information

Official name
K/S STUDSGADE 29
Established
1989
Company form
Limited partnership
Industry

About K/S STUDSGADE 29

K/S STUDSGADE 29 (CVR number: 19577244) is a company from AARHUS. The company recorded a gross profit of 2028.9 kDKK in 2023. The operating profit was 2366.6 kDKK, while net earnings were 1840.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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. K/S STUDSGADE 29's liquidity measured by quick ratio was 0.4 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 profit2 095.152 084.101 790.091 149.392 028.94
EBIT4 095.153 084.104 290.091 897.042 366.57
Net earnings3 795.663 204.064 457.591 827.301 840.84
Shareholders equity total34 336.8437 540.9041 998.4927 292.7529 133.59
Balance sheet total (assets)58 333.6560 889.3065 938.9648 003.5855 231.16
Net debt22 139.7019 977.3517 825.6017 848.9520 162.06
Profitability
EBIT-%
ROA8.0 %6.0 %7.6 %3.8 %4.7 %
ROE11.7 %8.9 %11.2 %5.3 %6.5 %
ROI8.2 %6.2 %8.0 %4.0 %5.0 %
Economic value added (EVA)1 491.06325.391 476.80-1 046.66171.93
Solvency
Equity ratio58.9 %61.7 %63.7 %56.9 %52.7 %
Gearing64.5 %55.7 %46.2 %67.5 %75.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.34.93.80.30.4
Current ratio5.34.93.80.30.4
Cash and cash equivalents0.86921.431 582.53583.871 773.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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