Askholm Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 41308265
Karenvænget 22, Næsby 5270 Odense N

Company information

Official name
Askholm Ejendomme ApS
Established
2020
Domicile
Næsby
Company form
Private limited company
Industry

About Askholm Ejendomme ApS

Askholm Ejendomme ApS (CVR number: 41308265) is a company from ODENSE. The company recorded a gross profit of 286.9 kDKK in 2023. The operating profit was 265.4 kDKK, while net earnings were 68.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.5 %, 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. Askholm Ejendomme 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit648.23648.23138.73250.92286.93
EBIT638.70638.70124.95236.96265.43
Net earnings382.40382.4066.03247.7968.60
Shareholders equity total422.40422.40488.44736.22804.82
Balance sheet total (assets)2 800.232 800.232 819.484 081.294 136.97
Net debt2 103.962 103.962 074.363 115.193 076.94
Profitability
EBIT-%
ROA22.8 %22.8 %4.5 %11.2 %6.5 %
ROE90.5 %90.5 %14.5 %40.5 %8.9 %
ROI24.8 %24.8 %4.9 %12.0 %6.9 %
Economic value added (EVA)478.45354.91-31.0553.4462.95
Solvency
Equity ratio15.1 %15.1 %17.3 %18.0 %19.5 %
Gearing510.9 %510.9 %427.5 %425.3 %387.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.00.1
Current ratio0.20.20.30.00.1
Cash and cash equivalents53.9353.9313.7215.8437.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.50%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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