EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS — Credit Rating and Financial Key Figures

CVR number: 28312830
Marselisborg Havnevej 52, 8000 Aarhus C

Company information

Official name
EJENDOMSSELSKABET ÅBOULEVARDEN 18 ApS
Established
2004
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 577.142 850.262 921.044 472.653 030.90
Gross profit2 163.652 412.202 449.673 516.232 302.17
EBIT2 163.652 412.202 449.673 516.232 302.17
Net earnings1 408.131 589.321 652.082 462.561 485.72
Shareholders equity total24 839.9126 429.2325 331.3125 793.8727 279.59
Balance sheet total (assets)59 170.3260 608.3059 220.4959 835.7760 935.86
Net debt24 561.4922 684.6122 913.5521 917.5620 502.76
Profitability
EBIT-%84.0 %84.6 %83.9 %78.6 %76.0 %
ROA3.7 %4.0 %4.1 %6.0 %3.9 %
ROE5.8 %6.2 %6.4 %9.6 %5.6 %
ROI3.7 %4.1 %4.2 %6.1 %4.0 %
Economic value added (EVA)- 499.07- 545.65- 515.85295.97- 532.12
Solvency
Equity ratio42.0 %43.6 %42.8 %43.1 %44.8 %
Gearing100.0 %90.7 %91.6 %88.3 %82.4 %
Relative net indebtedness %1008.2 %859.2 %858.0 %548.6 %755.4 %
Liquidity
Quick ratio0.21.20.20.30.6
Current ratio0.21.20.20.30.6
Cash and cash equivalents270.321 291.09302.30852.641 979.38
Capital use efficiency
Trade debtors turnover (days)0.82.21.02.2
Net working capital %-48.7 %8.3 %-52.2 %-43.9 %-36.8 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.87%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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