ARES Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 29516464
Fasanvej 89, 7900 Nykøbing M
bs@siel.dk
tel: 97487492

Company information

Official name
ARES Ejendomme ApS
Established
2006
Company form
Private limited company
Industry

About ARES Ejendomme ApS

ARES Ejendomme ApS (CVR number: 29516464) is a company from MORSØ. The company recorded a gross profit of 537 kDKK in 2020. The operating profit was 473.6 kDKK, while net earnings were -1806.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARES Ejendomme ApS's liquidity measured by quick ratio was 5.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit1 151.071 061.64-1 214.97638.59536.97
EBIT1 139.671 031.84-1 241.36621.97473.62
Net earnings632.22575.51-1 190.50279.16-1 806.93
Shareholders equity total3 659.454 310.463 109.393 504.182 571.43
Balance sheet total (assets)15 749.2114 970.9113 109.5212 842.233 139.50
Net debt8 367.487 801.277 108.376 455.90-43.43
Profitability
EBIT-%
ROA7.2 %6.7 %-8.8 %4.8 %5.9 %
ROE17.3 %14.4 %-32.1 %8.4 %-59.5 %
ROI8.0 %7.4 %-9.7 %5.4 %6.8 %
Economic value added (EVA)889.11454.56-1 353.13197.66104.50
Solvency
Equity ratio23.2 %28.8 %23.7 %27.3 %81.9 %
Gearing243.8 %184.5 %245.1 %191.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.15.5
Current ratio0.10.00.10.15.5
Cash and cash equivalents555.90150.35512.38263.7043.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAC

Variable visualization

ROA:5.93%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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