Address Properties ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Address Properties ApS
Address Properties ApS (CVR number: 42490598) is a company from VEJLE. The company recorded a gross profit of 384.6 kDKK in 2023. The operating profit was 384.6 kDKK, while net earnings were -67.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Address Properties ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 240.41 | 211.29 | 384.64 |
| EBIT | 239.11 | 211.29 | 384.64 |
| Net earnings | 111.64 | - 101.40 | -67.54 |
| Shareholders equity total | 151.64 | 50.23 | -17.31 |
| Balance sheet total (assets) | 10 597.65 | 10 054.02 | 10 085.56 |
| Net debt | 9 364.20 | 9 795.94 | 9 951.42 |
| Profitability | |||
| EBIT-% | |||
| ROA | 3.7 % | 2.0 % | 3.9 % |
| ROE | 73.6 % | -100.5 % | -1.3 % |
| ROI | 3.8 % | 2.1 % | 4.0 % |
| Economic value added (EVA) | 186.40 | -94.52 | - 111.74 |
| Solvency | |||
| Equity ratio | 40.5 % | 0.5 % | -0.2 % |
| Gearing | 6622.8 % | 19546.7 % | -57489.4 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.2 | 0.8 | 0.7 |
| Current ratio | 1.2 | 0.8 | 0.7 |
| Cash and cash equivalents | 678.31 | 23.13 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | BBB |
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