EJENDOMSSELSKABET HØJGAARDSVEJ 6-8, RINGE ApS — Credit Rating and Financial Key Figures

CVR number: 27031862
Højgårdsvej 6, 5750 Ringe

Credit rating

Company information

Official name
EJENDOMSSELSKABET HØJGAARDSVEJ 6-8, RINGE ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About EJENDOMSSELSKABET HØJGAARDSVEJ 6-8, RINGE ApS

EJENDOMSSELSKABET HØJGAARDSVEJ 6-8, RINGE ApS (CVR number: 27031862) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 613.4 kDKK in 2018. The operating profit was 613.4 kDKK, while net earnings were 434.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. EJENDOMSSELSKABET HØJGAARDSVEJ 6-8, RINGE ApS's liquidity measured by quick ratio was 0.3 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
2016
2017
2018
Volume
Net sales
Gross profit814.00817.03613.40
EBIT-1 176.27817.03613.40
Net earnings-18.82504.36434.89
Shareholders equity total541.711 046.071 480.96
Balance sheet total (assets)4 782.775 531.884 180.12
Net debt2 676.522 038.622 281.69
Profitability
EBIT-%
ROA4.2 %16.2 %12.8 %
ROE-3.5 %63.5 %34.4 %
ROI4.9 %19.1 %14.7 %
Economic value added (EVA)- 835.15703.38556.86
Solvency
Equity ratio11.8 %19.6 %37.1 %
Gearing652.6 %346.9 %154.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.3
Current ratio0.30.50.3
Cash and cash equivalents858.421 590.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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