AM Apartments ApS

CVR number: 39834030
Kong Christians Alle 43, 9000 Aalborg

Credit rating

Company information

Official name
AM Apartments ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About AM Apartments ApS

AM Apartments ApS (CVR number: 39834030) is a company from AALBORG. The company recorded a gross profit of 337.3 kDKK in 2023. The operating profit was 337.3 kDKK, while net earnings were 110.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AM Apartments 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
20192020202120222023
Volume
Net sales
Gross profit118.46230.57340.85255.91337.32
EBIT1 093.97230.571 114.15255.91337.32
Net earnings813.11157.91835.00143.38110.93
Shareholders equity total863.111 021.021 856.021 999.402 110.33
Balance sheet total (assets)8 505.418 735.7510 457.4810 318.9710 311.70
Net debt7 298.017 038.707 818.867 663.367 584.85
Profitability
EBIT-%
ROA12.9 %2.7 %11.6 %2.5 %3.3 %
ROE94.2 %16.8 %58.0 %7.4 %5.4 %
ROI13.1 %2.7 %12.0 %2.5 %3.4 %
Economic value added (EVA)852.27-65.07560.90- 191.32- 141.39
Solvency
Equity ratio10.2 %11.8 %17.8 %19.5 %20.6 %
Gearing845.6 %709.9 %428.7 %383.3 %359.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.00.0
Current ratio0.00.10.10.00.0
Cash and cash equivalents210.00138.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:3.27%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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