EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS
EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS (CVR number: 28312830) is a company from AARHUS. The company reported a net sales of 3 mDKK in 2024, demonstrating a decline of -32.2 % compared to the previous year. The operating profit percentage was at 76 % (EBIT: 2.3 mDKK), while net earnings were 1485.7 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 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 577.14 | 2 850.26 | 2 921.04 | 4 472.65 | 3 030.90 |
Gross profit | 2 163.65 | 2 412.20 | 2 449.67 | 3 516.23 | 2 302.17 |
EBIT | 2 163.65 | 2 412.20 | 2 449.67 | 3 516.23 | 2 302.17 |
Net earnings | 1 408.13 | 1 589.32 | 1 652.08 | 2 462.56 | 1 485.72 |
Shareholders equity total | 24 839.91 | 26 429.23 | 25 331.31 | 25 793.87 | 27 279.59 |
Balance sheet total (assets) | 59 170.32 | 60 608.30 | 59 220.49 | 59 835.77 | 60 935.86 |
Net debt | 24 561.49 | 22 684.61 | 22 913.55 | 21 917.56 | 20 502.76 |
Profitability | |||||
EBIT-% | 84.0 % | 84.6 % | 83.9 % | 78.6 % | 76.0 % |
ROA | 3.7 % | 4.0 % | 4.1 % | 6.0 % | 3.9 % |
ROE | 5.8 % | 6.2 % | 6.4 % | 9.6 % | 5.6 % |
ROI | 3.7 % | 4.1 % | 4.2 % | 6.1 % | 4.0 % |
Economic value added (EVA) | - 499.07 | - 545.65 | - 515.85 | 295.97 | - 532.12 |
Solvency | |||||
Equity ratio | 42.0 % | 43.6 % | 42.8 % | 43.1 % | 44.8 % |
Gearing | 100.0 % | 90.7 % | 91.6 % | 88.3 % | 82.4 % |
Relative net indebtedness % | 1008.2 % | 859.2 % | 858.0 % | 548.6 % | 755.4 % |
Liquidity | |||||
Quick ratio | 0.2 | 1.2 | 0.2 | 0.3 | 0.6 |
Current ratio | 0.2 | 1.2 | 0.2 | 0.3 | 0.6 |
Cash and cash equivalents | 270.32 | 1 291.09 | 302.30 | 852.64 | 1 979.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.8 | 2.2 | 1.0 | 2.2 | |
Net working capital % | -48.7 % | 8.3 % | -52.2 % | -43.9 % | -36.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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