EJENDOMMEN ALBERT GINGES VEJ 2 A ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMMEN ALBERT GINGES VEJ 2 A ApS
EJENDOMMEN ALBERT GINGES VEJ 2 A ApS (CVR number: 30691881) is a company from HJØRRING. The company recorded a gross profit of 232.1 kDKK in 2023. The operating profit was 293.1 kDKK, while net earnings were 213.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. EJENDOMMEN ALBERT GINGES VEJ 2 A ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 240.34 | 257.88 | 260.08 | 237.41 | 232.12 |
EBIT | 174.89 | 192.43 | 1 177.05 | 280.41 | 293.12 |
Net earnings | 118.81 | 134.52 | 903.88 | 197.73 | 213.17 |
Shareholders equity total | 279.28 | 253.20 | 992.08 | 1 139.81 | 1 232.98 |
Balance sheet total (assets) | 2 345.39 | 2 270.34 | 3 070.27 | 3 167.69 | 3 193.94 |
Net debt | 1 419.22 | 1 323.38 | 1 278.03 | 1 261.90 | 918.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.7 % | 8.3 % | 44.1 % | 9.0 % | 9.2 % |
ROE | 28.3 % | 50.5 % | 145.2 % | 18.5 % | 18.0 % |
ROI | 8.2 % | 9.0 % | 47.3 % | 9.5 % | 9.8 % |
Economic value added (EVA) | 66.59 | 69.07 | 843.17 | 107.91 | 111.79 |
Solvency | |||||
Equity ratio | 11.9 % | 11.2 % | 32.3 % | 36.0 % | 38.6 % |
Gearing | 557.4 % | 581.5 % | 137.0 % | 112.9 % | 98.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 1.1 | 1.3 | 1.1 |
Current ratio | 0.7 | 0.6 | 1.1 | 1.3 | 1.1 |
Cash and cash equivalents | 137.52 | 148.97 | 81.43 | 25.44 | 289.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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