EJENDOMSSELSKABET AF 23. AUGUST 2004 A/S — Credit Rating and Financial Key Figures

CVR number: 28100337
Erling Jensens Vej 1, 3000 Helsingør

Company information

Official name
EJENDOMSSELSKABET AF 23. AUGUST 2004 A/S
Established
2004
Company form
Limited company
Industry

About EJENDOMSSELSKABET AF 23. AUGUST 2004 A/S

EJENDOMSSELSKABET AF 23. AUGUST 2004 A/S (CVR number: 28100337) is a company from HELSINGØR. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a growth of 9.2 % compared to the previous year. The operating profit percentage was at 142.2 % (EBIT: 3.8 mDKK), while net earnings were 2808.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.7 %, 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 AF 23. AUGUST 2004 A/S's liquidity measured by quick ratio was 6.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 184.002 292.002 336.002 422.002 644.67
Gross profit1 238.001 708.002 245.001 551.003 759.70
EBIT-9 691.001 708.002 245.001 551.003 759.70
Net earnings-9 384.001 157.001 869.001 341.002 808.85
Shareholders equity total17 016.0018 173.0020 042.0021 383.0024 191.64
Balance sheet total (assets)41 153.0041 922.0040 905.0041 642.0044 215.26
Net debt6 772.0018 639.0017 249.0016 055.0014 028.44
Profitability
EBIT-%-443.7 %74.5 %96.1 %64.0 %142.2 %
ROA-19.0 %4.1 %5.4 %3.8 %9.3 %
ROE-43.2 %6.6 %9.8 %6.5 %12.3 %
ROI-30.1 %4.9 %5.5 %3.8 %9.3 %
Economic value added (EVA)-10 676.30300.29293.04- 117.591 124.05
Solvency
Equity ratio41.3 %43.3 %49.0 %51.3 %54.7 %
Gearing58.8 %124.9 %100.3 %91.3 %78.0 %
Relative net indebtedness %957.4 %859.2 %771.1 %693.5 %573.6 %
Liquidity
Quick ratio0.31.75.26.16.3
Current ratio0.31.75.26.16.3
Cash and cash equivalents3 228.004 057.002 849.003 462.004 852.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-417.5 %94.0 %146.4 %171.3 %239.7 %
Credit risk
Credit ratingBBAAAAAAAA

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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