Credit rating
Company information
About Holmager Ejendomme ApS
Holmager Ejendomme ApS (CVR number: 39668556) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 8848 kDKK in 2023. The operating profit was 6864.7 kDKK, while net earnings were 236.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 10.5 %, 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. Holmager Ejendomme ApS's liquidity measured by quick ratio was 0.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 629.44 | 4 974.27 | 6 359.52 | 6 628.27 | 8 848.04 |
EBIT | 3 775.24 | 1 077.68 | 3 834.53 | 4 971.06 | 6 864.70 |
Net earnings | 99.82 | 1 771.16 | 1 255.33 | 3 947.85 | 236.69 |
Shareholders equity total | 9 297.87 | 11 069.03 | 14 942.85 | 18 890.69 | 19 127.39 |
Balance sheet total (assets) | 138 185.83 | 142 992.00 | 159 101.43 | 180 612.09 | 181 463.74 |
Net debt | 121 714.70 | 101 156.59 | 113 112.19 | 156 079.97 | 154 193.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 2.9 % | 2.5 % | 4.8 % | 3.8 % |
ROE | 1.5 % | 17.4 % | 9.7 % | 23.3 % | 1.2 % |
ROI | 4.4 % | 3.4 % | 3.1 % | 5.3 % | 3.8 % |
Economic value added (EVA) | 2 738.51 | -5 143.91 | -2 115.03 | -1 733.91 | -2 394.94 |
Solvency | |||||
Equity ratio | 6.7 % | 7.7 % | 9.4 % | 10.5 % | 10.5 % |
Gearing | 1314.3 % | 924.3 % | 758.1 % | 831.1 % | 829.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.0 | 0.1 | 0.0 | 0.3 |
Current ratio | 0.8 | 0.0 | 0.4 | 0.0 | 0.3 |
Cash and cash equivalents | 483.48 | 1 149.91 | 166.73 | 920.91 | 4 426.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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