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Advokat Erlandsens Ejendomsadministration ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Advokat Erlandsens Ejendomsadministration ApS
Advokat Erlandsens Ejendomsadministration ApS (CVR number: 14729100) is a company from FREDERIKSSUND. The company recorded a gross profit of 1350 kDKK in 2024. The operating profit was -308.8 kDKK, while net earnings were -1357.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -19.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Advokat Erlandsens Ejendomsadministration ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 919.14 | 1 195.57 | 913.85 | 924.11 | 1 350.04 |
| EBIT | 299.59 | - 424.51 | - 769.06 | - 850.28 | - 308.82 |
| Net earnings | -1 295.92 | 1 875.83 | -3 961.13 | -4 112.00 | -1 357.35 |
| Shareholders equity total | 14 538.24 | 16 188.07 | 11 998.94 | 7 651.34 | 6 049.99 |
| Balance sheet total (assets) | 17 988.35 | 18 274.83 | 12 453.63 | 9 808.96 | 7 772.55 |
| Net debt | -4 191.41 | -4 697.48 | -2 193.86 | -2 412.29 | - 931.05 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.0 % | 10.5 % | -0.1 % | -3.7 % | -3.5 % |
| ROE | -8.5 % | 12.2 % | -28.1 % | -41.9 % | -19.8 % |
| ROI | -6.9 % | 11.6 % | -0.1 % | -13.1 % | -4.5 % |
| Economic value added (EVA) | - 564.69 | -1 075.50 | -1 729.18 | -1 453.27 | - 693.31 |
| Solvency | |||||
| Equity ratio | 80.8 % | 88.6 % | 96.3 % | 78.0 % | 77.8 % |
| Gearing | 1.8 % | 10.6 % | 0.0 % | 0.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.5 | 6.5 | 14.7 | 2.9 | 2.8 |
| Current ratio | 4.5 | 6.5 | 14.7 | 2.9 | 2.8 |
| Cash and cash equivalents | 4 456.82 | 6 414.28 | 2 194.68 | 2 412.46 | 931.05 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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