EJENDOMSSELSKABET HØJRIS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSSELSKABET HØJRIS ApS
EJENDOMSSELSKABET HØJRIS ApS (CVR number: 29444617) is a company from MIDDELFART. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were -59.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. EJENDOMSSELSKABET HØJRIS ApS's liquidity measured by quick ratio was 0.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 113.00 | 108.00 | 172 801.00 | 172.80 | 172.80 |
Gross profit | 60.00 | 52.00 | 134 825.00 | 147.58 | 128.26 |
EBIT | 60.00 | 170.00 | 162 248.00 | 158.24 | 0.34 |
Net earnings | 30.00 | 138.00 | 110 433.00 | 102.33 | -59.78 |
Shareholders equity total | 374.00 | 512.00 | 622 238.00 | 724.57 | 664.78 |
Balance sheet total (assets) | 1 571.00 | 1 756.00 | 1 868 849.00 | 1 986.06 | 1 942.81 |
Net debt | 1 151.00 | 1 115.00 | 1 019 007.00 | 924.72 | 886.46 |
Profitability | |||||
EBIT-% | 53.1 % | 157.4 % | 93.9 % | 91.6 % | 0.2 % |
ROA | 4.1 % | 10.2 % | 17.3 % | 0.0 % | 0.1 % |
ROE | 8.4 % | 31.2 % | 35.5 % | 0.0 % | -8.6 % |
ROI | 4.1 % | 10.5 % | 17.9 % | 0.0 % | 0.1 % |
Economic value added (EVA) | 6.77 | 122.11 | 133 718.04 | -41 986.39 | -40.19 |
Solvency | |||||
Equity ratio | 23.8 % | 29.2 % | 33.3 % | 36.5 % | 34.2 % |
Gearing | 311.5 % | 232.8 % | 190.3 % | 165.2 % | 183.2 % |
Relative net indebtedness % | 1046.9 % | 1080.6 % | 625.7 % | 572.7 % | 547.7 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.2 | 0.3 | 0.4 |
Current ratio | 0.0 | 0.1 | 0.2 | 0.3 | 0.4 |
Cash and cash equivalents | 14.00 | 77.00 | 165 363.00 | 271.92 | 331.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -642.5 % | -686.1 % | -401.1 % | -364.9 % | -342.3 % |
Credit risk | |||||
Credit rating | BBB | A | AA | A | BBB |
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