AALBORG CITY APARTMENT ApS — Credit Rating and Financial Key Figures

CVR number: 25590740
Elmehøjvej 68, 8270 Højbjerg
bon@mindus.dk

Credit rating

Company information

Official name
AALBORG CITY APARTMENT ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About AALBORG CITY APARTMENT ApS

AALBORG CITY APARTMENT ApS (CVR number: 25590740) is a company from AARHUS. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a decline of -15.1 % compared to the previous year. The operating profit percentage was poor at -10.5 % (EBIT: -0.2 mDKK), while net earnings were -620.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AALBORG CITY APARTMENT ApS's liquidity measured by quick ratio was 0.5 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
2019
2020
2021
2022
2023
Volume
Net sales1 943.901 650.53
Gross profit1 700.181 384.451 223.32691.56- 173.90
EBIT-2 297.76-38.98-3 364.07691.56- 173.90
Net earnings-2 789.50- 932.51-3 436.60- 379.68- 620.77
Shareholders equity total8 593.067 660.554 223.954 667.276 046.50
Balance sheet total (assets)45 782.0740 306.6234 964.5130 174.7427 597.77
Net debt33 820.3029 409.9027 298.2022 602.1820 395.62
Profitability
EBIT-%35.6 %-10.5 %
ROA-4.6 %-0.1 %-9.0 %4.0 %-0.5 %
ROE-27.8 %-11.5 %-57.8 %-8.5 %-11.6 %
ROI-4.8 %-0.1 %-9.5 %4.3 %-0.6 %
Economic value added (EVA)-3 598.78-1 876.88-4 251.78- 814.31-1 376.53
Solvency
Equity ratio18.8 %19.0 %12.1 %15.5 %21.9 %
Gearing408.8 %399.5 %681.3 %488.0 %338.3 %
Relative net indebtedness %1303.3 %1302.2 %
Liquidity
Quick ratio0.80.60.50.60.5
Current ratio0.80.60.50.60.5
Cash and cash equivalents1 307.071 194.261 481.48173.4558.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-122.6 %-52.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.54%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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