Ejendomsselskabet Nordre Ringgade 2 ApS — Credit Rating and Financial Key Figures

CVR number: 28498217
Nordre Ringgade 2, 9330 Dronninglund

Company information

Official name
Ejendomsselskabet Nordre Ringgade 2 ApS
Established
2005
Company form
Private limited company
Industry

About Ejendomsselskabet Nordre Ringgade 2 ApS

Ejendomsselskabet Nordre Ringgade 2 ApS (CVR number: 28498217) is a company from Brønderslev. The company recorded a gross profit of 2194.2 kDKK in 2023. The operating profit was 1169.1 kDKK, while net earnings were 388.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. Ejendomsselskabet Nordre Ringgade 2 ApS's liquidity measured by quick ratio was 0.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.50-12.19-12.191 380.692 194.21
EBIT-12.50-12.19-12.19697.281 169.10
Net earnings473.4642.6840.731 249.59388.72
Shareholders equity total1 578.661 621.341 662.0615 782.3616 171.09
Balance sheet total (assets)1 724.701 645.871 686.0529 664.5229 010.70
Net debt13 803.5612 682.67
Profitability
EBIT-%
ROA3.0 %3.2 %3.1 %4.5 %4.0 %
ROE2.3 %2.7 %2.5 %14.3 %2.4 %
ROI3.0 %3.4 %3.2 %4.5 %4.0 %
Economic value added (EVA)-1 974.79-88.83-90.98411.55256.40
Solvency
Equity ratio91.5 %98.5 %98.6 %53.2 %55.7 %
Gearing87.5 %78.4 %
Relative net indebtedness %
Liquidity
Quick ratio11.867.170.30.70.9
Current ratio11.867.170.30.70.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAAA

Variable visualization

ROA:4.00%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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