EJENDOMSSELSKABET AF 1. MAJ 2003 ApS — Credit Rating and Financial Key Figures

CVR number: 26931231
Engkrogen 23, 7400 Herning
tel: 40106116

Company information

Official name
EJENDOMSSELSKABET AF 1. MAJ 2003 ApS
Established
2003
Company form
Private limited company
Industry

About EJENDOMSSELSKABET AF 1. MAJ 2003 ApS

EJENDOMSSELSKABET AF 1. MAJ 2003 ApS (CVR number: 26931231) is a company from HERNING. The company recorded a gross profit of 1450.1 kDKK in 2023. The operating profit was 439.2 kDKK, while net earnings were 323.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EJENDOMSSELSKABET AF 1. MAJ 2003 ApS's liquidity measured by quick ratio was 0.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 346.051 273.781 212.551 207.131 450.13
EBIT1 346.052 773.781 212.55207.13439.22
Net earnings1 010.152 120.67905.18114.02323.27
Shareholders equity total13 119.3315 240.0016 145.1916 259.2116 582.48
Balance sheet total (assets)20 010.4021 546.1021 516.2220 918.8820 575.41
Net debt3 980.993 846.533 011.212 097.351 546.43
Profitability
EBIT-%
ROA6.7 %13.3 %5.6 %1.0 %2.2 %
ROE8.0 %15.0 %5.8 %0.7 %2.0 %
ROI7.1 %14.0 %5.7 %1.0 %2.2 %
Economic value added (EVA)240.751 354.4278.08- 650.54- 454.19
Solvency
Equity ratio65.6 %70.7 %75.0 %77.7 %80.6 %
Gearing30.4 %25.2 %18.7 %15.4 %12.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.2
Current ratio0.00.00.00.10.2
Cash and cash equivalents10.400.45402.65453.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.19%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.6%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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