Forpagtningsselskabet af 29.05.2020 A/S

CVR number: 10354331
Europaplads 10-14, 8000 Aarhus C
Aarhus.Atlantic@firsthotels.dk
tel: 86132343

Credit rating

Company information

Official name
Forpagtningsselskabet af 29.05.2020 A/S
Personnel
15 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon55Accommodation

About the company

Forpagtningsselskabet af 29.05.2020 A/S (CVR number: 10354331) is a company from AARHUS. The company recorded a gross profit of 6386.6 kDKK in 2018. The operating profit was 778.2 kDKK, while net earnings were 460.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. Forpagtningsselskabet af 29.05.2020 A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit5 306.056 840.106 386.61
EBIT523.041 517.95778.16
Net earnings167.092 136.57460.45
Shareholders equity total-8 756.84879.721 340.18
Balance sheet total (assets)6 878.397 279.589 560.24
Net debt12 425.094 232.512 785.00
Profitability
EBIT-%
ROA3.4 %13.3 %9.3 %
ROE2.4 %55.1 %41.5 %
ROI4.2 %17.1 %14.6 %
Economic value added (EVA)572.441 520.57746.44
Solvency
Equity ratio-56.2 %12.2 %14.2 %
Gearing-142.5 %509.4 %299.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.6
Current ratio0.10.40.6
Cash and cash equivalents55.59248.501 224.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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