BOLIG-AKTIESELSKABET SØNDERVÆNGET III. HORSENS — Credit Rating and Financial Key Figures

CVR number: 24316017
Torvet 4, 8700 Horsens

Credit rating

Company information

Official name
BOLIG-AKTIESELSKABET SØNDERVÆNGET III. HORSENS
Personnel
1 person
Established
1963
Company form
Limited company
Industry

About BOLIG-AKTIESELSKABET SØNDERVÆNGET III. HORSENS

BOLIG-AKTIESELSKABET SØNDERVÆNGET III. HORSENS (CVR number: 24316017) is a company from HORSENS. The company reported a net sales of 1.1 mDKK in 2024, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0 mDKK), while net earnings were -85.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -18.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.8 %, 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. BOLIG-AKTIESELSKABET SØNDERVÆNGET III. HORSENS's liquidity measured by quick ratio was 0.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 042.301 058.821 053.451 047.971 054.19
Gross profit620.42512.97598.45582.72272.85
EBIT415.33298.62384.57362.3925.06
Net earnings- 108.04107.39162.71170.62-85.48
Shareholders equity total58.77166.16328.87499.49414.00
Balance sheet total (assets)7 716.888 371.998 076.217 487.357 108.02
Net debt6 684.275 638.755 269.715 878.846 122.84
Profitability
EBIT-%39.8 %28.2 %36.5 %34.6 %2.4 %
ROA5.4 %3.7 %4.7 %4.7 %0.4 %
ROE-95.8 %95.5 %65.7 %41.2 %-18.7 %
ROI5.5 %4.0 %5.3 %5.2 %0.4 %
Economic value added (EVA)-66.45- 121.00-22.81-24.74- 282.29
Solvency
Equity ratio0.8 %2.0 %4.1 %6.7 %5.8 %
Gearing12734.8 %4375.6 %2048.2 %1305.3 %1522.2 %
Relative net indebtedness %658.0 %620.9 %596.2 %605.6 %618.0 %
Liquidity
Quick ratio2.21.41.61.90.6
Current ratio2.21.41.61.90.6
Cash and cash equivalents799.971 631.581 466.21640.99179.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %46.6 %46.7 %52.9 %30.1 %-10.8 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.41%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.82%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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