EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 10882982
Østergade 17, 5500 Middelfart
tel: 64414044

Credit rating

Company information

Official name
EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS
Established
1987
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS

EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS (CVR number: 10882982) is a company from MIDDELFART. The company recorded a gross profit of 117.3 kDKK in 2023. The operating profit was 75.8 kDKK, while net earnings were 69.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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 ØSTERGADE, MIDDELFART ApS's liquidity measured by quick ratio was 5.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit99.1085.92116.9790.29117.31
EBIT57.6432.5263.5636.8875.84
Net earnings49.9314.1578.5619.1969.71
Shareholders equity total1 732.901 636.451 602.011 621.201 690.91
Balance sheet total (assets)3 447.193 286.203 151.033 053.533 059.56
Net debt714.09275.62293.72256.18137.77
Profitability
EBIT-%
ROA3.0 %1.9 %3.9 %1.4 %3.4 %
ROE2.9 %0.8 %4.9 %1.2 %4.2 %
ROI3.1 %2.0 %4.0 %1.5 %3.5 %
Economic value added (EVA)-77.14-93.71-42.48-62.18-31.05
Solvency
Equity ratio50.3 %49.8 %50.8 %53.1 %55.3 %
Gearing70.2 %71.1 %67.8 %61.6 %54.5 %
Relative net indebtedness %
Liquidity
Quick ratio6.15.25.15.75.2
Current ratio6.15.25.15.75.2
Cash and cash equivalents502.57887.94792.82742.49783.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:3.36%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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