Strandeng Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 40806660
Bæktoften 42, 9800 Hjørring

Company information

Official name
Strandeng Ejendomme ApS
Established
2019
Company form
Private limited company
Industry

About Strandeng Ejendomme ApS

Strandeng Ejendomme ApS (CVR number: 40806660) is a company from HJØRRING. The company recorded a gross profit of 280.2 kDKK in 2023. The operating profit was 280.2 kDKK, while net earnings were -110.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.6 %, 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. Strandeng Ejendomme ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-74.4188.85175.11280.21
EBIT-74.41414.1459.85280.21
Net earnings-77.41112.15171.84- 110.61
Shareholders equity total40.59342.74514.58403.97
Balance sheet total (assets)4 863.488 655.178 700.158 704.04
Net debt4 608.648 132.187 876.948 071.98
Profitability
EBIT-%
ROA-1.5 %6.1 %5.1 %3.2 %
ROE-190.7 %58.5 %40.1 %-24.1 %
ROI-1.5 %6.2 %5.3 %3.3 %
Economic value added (EVA)-74.41310.98- 176.3957.88
Solvency
Equity ratio0.8 %4.0 %5.9 %4.6 %
Gearing11822.5 %2372.7 %1530.7 %1998.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.0
Current ratio0.10.00.00.0
Cash and cash equivalents189.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:3.22%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.64%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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