CITY EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 28156707
Jens Juuls Vej 26, 8260 Viby J

Company information

Official name
CITY EJENDOMSSELSKAB ApS
Established
2004
Company form
Private limited company
Industry

About CITY EJENDOMSSELSKAB ApS

CITY EJENDOMSSELSKAB ApS (CVR number: 28156707) is a company from AARHUS. The company recorded a gross profit of 377.4 kDKK in 2023. The operating profit was 314.6 kDKK, while net earnings were 90.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 15.7 %, 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. CITY EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit308.50467.431 064.83468.11377.41
EBIT308.50415.321 025.96405.50314.57
Net earnings-20.2644.35568.4186.7590.23
Shareholders equity total620.79665.131 233.551 320.291 410.53
Balance sheet total (assets)8 195.3814 955.499 767.139 071.128 979.49
Net debt7 393.7312 499.785 895.067 408.327 258.00
Profitability
EBIT-%
ROA5.0 %3.6 %8.3 %4.3 %3.5 %
ROE-3.2 %6.9 %59.9 %6.8 %6.6 %
ROI5.1 %3.7 %8.5 %4.5 %3.5 %
Economic value added (EVA)92.29-20.19440.0532.18-59.97
Solvency
Equity ratio7.6 %4.4 %12.6 %14.6 %15.7 %
Gearing1191.0 %1879.3 %537.6 %566.2 %517.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.50.00.0
Current ratio0.10.00.50.00.0
Cash and cash equivalents737.0267.3545.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.49%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.7%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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