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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.3% 1.5% 1.3% 1.3% 1.2%  
Credit score (0-100)  80 76 78 79 81  
Credit rating  BBB BBB BBB BBB BBB  
Credit limit (kDKK)  6.6 4.5 12.6 12.9 31.7  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9

Net sales  0 0 0 0 0  
Gross profit  324 655 531 600 781  
EBITDA  324 655 531 600 781  
EBIT  246 513 336 353 534  
Pre-tax profit (PTP)  172.5 344.9 261.7 219.0 228.7  
Net earnings  134.3 269.0 204.2 170.8 178.3  
Pre-tax profit without non-rec. items  172 345 262 219 229  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9

Tangible assets total  9,539 9,397 10,252 10,005 9,758  
Shareholders equity total  184 453 657 828 1,007  
Interest-bearing liabilities  10,178 9,291 9,538 9,028 8,736  
Balance sheet total (assets)  10,570 9,992 10,561 10,180 10,108  

Net Debt  9,627 8,702 9,306 8,878 8,409  
 
See the entire balance sheet

Volume 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  324 655 531 600 781  
Gross profit growth  0.0% 102.2% -19.0% 13.1% 30.1%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  10,570 9,992 10,561 10,180 10,108  
Balance sheet change%  0.0% -5.5% 5.7% -3.6% -0.7%  
Added value  245.8 513.1 336.2 353.1 533.8  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  9,460 -284 661 -494 -494  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  75.8% 78.3% 63.3% 58.8% 68.4%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  2.4% 5.2% 3.4% 3.6% 5.3%  
ROI %  2.4% 5.3% 3.4% 3.6% 5.4%  
ROE %  72.9% 84.4% 36.8% 23.0% 19.4%  

Solidity 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
Equity ratio %  1.7% 4.5% 6.2% 8.1% 10.0%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  2,969.8% 1,328.1% 1,753.2% 1,479.1% 1,076.8%  
Gearing %  5,523.0% 2,049.7% 1,450.7% 1,089.9% 867.9%  
Net interest  0 0 0 0 0  
Financing costs %  1.6% 1.9% 0.9% 1.6% 3.5%  

Liquidity 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
Quick Ratio  0.2 0.6 0.1 0.1 0.1  
Current Ratio  0.2 0.6 0.1 0.1 0.1  
Cash and cash equivalent  551.8 589.0 231.7 149.3 326.9  

Capital use efficiency 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -3,496.4 -578.3 -3,766.7 -2,613.4 -2,377.2  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/9
2020
2020/9
2021
2021/9
2022
2022/9
2023
2023/9
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0