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

About EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS

EJENDOMSSELSKABET ØSTERGADE, MIDDELFART ApS (CVR number: 10882982) is a company from MIDDELFART. The company recorded a gross profit of 48.4 kDKK in 2024. The operating profit was 6.9 kDKK, while net earnings were -21.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit85.92116.9790.29117.3148.39
EBIT32.5263.5636.8875.846.93
Net earnings14.1578.5619.1969.71-21.46
Shareholders equity total1 636.451 602.011 621.201 690.911 669.46
Balance sheet total (assets)3 286.203 151.033 053.533 059.562 933.97
Net debt275.62293.72256.18137.77196.01
Profitability
EBIT-%
ROA1.9 %3.9 %1.4 %3.4 %0.6 %
ROE0.8 %4.9 %1.2 %4.2 %-1.3 %
ROI2.0 %4.0 %1.5 %3.5 %0.6 %
Economic value added (EVA)- 142.43- 109.96- 124.66-90.24- 143.30
Solvency
Equity ratio49.8 %50.8 %53.1 %55.3 %56.9 %
Gearing71.1 %67.8 %61.6 %54.5 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio5.25.15.75.25.2
Current ratio5.25.15.75.25.2
Cash and cash equivalents887.94792.82742.49783.50669.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.62%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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