PARTNERSELSKABET ESBJERG STRAND — Credit Rating and Financial Key Figures
Credit rating
Company information
About PARTNERSELSKABET ESBJERG STRAND
PARTNERSELSKABET ESBJERG STRAND (CVR number: 35649999) is a company from KØBENHAVN. The company reported a net sales of 20.4 mDKK in 2023, demonstrating a growth of 9.9 % compared to the previous year. The operating profit percentage was at 185.5 % (EBIT: 37.8 mDKK), while net earnings were 34.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PARTNERSELSKABET ESBJERG STRAND's liquidity measured by quick ratio was 0 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17 406.00 | 17 740.00 | 18 082.00 | 18 534.00 | 20 376.00 |
Gross profit | 18 199.00 | 18 100.00 | 18 372.00 | 19 007.00 | 20 485.00 |
EBIT | 17 973.00 | 781.00 | 31 922.00 | -2 555.00 | 37 793.00 |
Net earnings | 17 258.00 | 79.00 | 31 289.00 | -3 547.00 | 34 637.00 |
Shareholders equity total | 165 155.00 | 165 234.00 | 196 523.00 | 192 976.00 | 227 613.00 |
Balance sheet total (assets) | 319 039.00 | 302 797.00 | 316 439.00 | 294 283.00 | 311 778.00 |
Net debt | 144 375.00 | 128 757.00 | 111 185.00 | 92 315.00 | 74 269.00 |
Profitability | |||||
EBIT-% | 103.3 % | 4.4 % | 176.5 % | -13.8 % | 185.5 % |
ROA | 5.6 % | 0.3 % | 10.3 % | -0.8 % | 12.5 % |
ROE | 11.0 % | 0.0 % | 17.3 % | -1.8 % | 16.5 % |
ROI | 5.8 % | 0.3 % | 10.6 % | -0.9 % | 12.9 % |
Economic value added (EVA) | 10 598.51 | -7 478.44 | 23 618.99 | -12 430.28 | 28 095.96 |
Solvency | |||||
Equity ratio | 34.9 % | 54.6 % | 62.1 % | 65.6 % | 73.0 % |
Gearing | 87.9 % | 77.9 % | 56.6 % | 47.8 % | 32.6 % |
Relative net indebtedness % | 879.6 % | 775.4 % | 663.2 % | 546.6 % | 413.1 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
Cash and cash equivalents | 788.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -45.6 % | -45.5 % | -43.7 % | -47.4 % | -46.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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