Ejendomsselskabet G18, Aarhus ApS

CVR number: 33371713
Langelinieparken 9, 8000 Aarhus C

Credit rating

Company information

Official name
Ejendomsselskabet G18, Aarhus ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

Ejendomsselskabet G18, Aarhus ApS (CVR number: 33371713) is a company from AARHUS. The company recorded a gross profit of 268.7 kDKK in 2023. The operating profit was -699.5 kDKK, while net earnings were -647.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. Ejendomsselskabet G18, Aarhus ApS'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-16.19226.92343.07325.66268.71
EBIT-21.83335.63820.00- 330.57- 699.55
Net earnings-15.68191.67537.26- 358.43- 647.55
Shareholders equity total129.052 456.132 993.392 634.951 987.40
Balance sheet total (assets)141.6712 062.2912 685.2112 170.8211 453.79
Net debt-9.098 766.418 576.038 515.068 618.05
Profitability
EBIT-%
ROA-13.0 %5.5 %6.6 %-2.7 %-5.9 %
ROE-11.5 %14.8 %19.7 %-12.7 %-28.0 %
ROI-14.6 %5.6 %6.7 %-2.7 %-5.9 %
Economic value added (EVA)-22.32254.37170.19- 747.54-1 017.95
Solvency
Equity ratio91.1 %20.4 %23.6 %21.6 %17.4 %
Gearing357.2 %291.2 %329.2 %443.6 %
Relative net indebtedness %
Liquidity
Quick ratio11.20.00.10.10.1
Current ratio11.20.00.10.10.1
Cash and cash equivalents9.096.64141.21159.82197.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBBBBBB

Variable visualization

ROA:-5.92%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.4%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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