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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  13.7% 18.7% 14.0% 16.8% 12.4%  
Credit score (0-100)  17 7 14 9 18  
Credit rating  BB B BB BB BB  
Credit limit (kDKK)  0.0 -0.0 -0.0 0.0 -0.0  

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

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  376 329 207 280 162  
EBITDA  37.0 -102 -44.2 67.6 -23.2  
EBIT  29.9 -109 -51.3 39.8 -50.9  
Pre-tax profit (PTP)  27.7 -117.2 -58.2 35.3 -54.0  
Net earnings  21.2 -117.2 -57.8 35.3 -54.0  
Pre-tax profit without non-rec. items  27.7 -117 -58.2 35.3 -54.0  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  28.5 21.4 84.7 63.5 42.3  
Shareholders equity total  21.2 -96.0 -113 -78.1 -132  
Interest-bearing liabilities  7.5 7.1 133 68.1 179  
Balance sheet total (assets)  145 76.2 282 186 177  

Net Debt  7.5 -20.3 22.0 32.6 140  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  376 329 207 280 162  
Gross profit growth  0.0% -12.6% -37.0% 35.5% -42.2%  
Employees  2 2 1 1 1  
Employee growth %  0.0% 0.0% -50.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  145 76 282 186 177  
Balance sheet change%  0.0% -47.3% 269.7% -34.1% -4.8%  
Added value  37.0 -101.8 -44.2 47.0 -23.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  21 -14 121 -55 -55  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 -1.0 -2.0 1.0 -1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
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 (%)  7.9% -33.2% -24.8% 14.2% -31.4%  
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 %  20.7% -68.8% -18.1% 12.1% -17.8%  
ROI %  102.7% -595.6% -73.3% 39.7% -41.1%  
ROE %  100.0% -240.6% -32.3% 15.1% -29.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  14.7% -55.7% -28.7% -29.6% -42.8%  
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, %  20.3% 19.9% -49.7% 48.2% -604.2%  
Gearing %  35.4% -7.4% -116.9% -87.2% -135.6%  
Net interest  0 0 0 0 0  
Financing costs %  59.3% 112.9% 9.9% 4.5% 2.6%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.9 0.3 0.3 0.2 0.3  
Current Ratio  0.9 0.3 0.3 0.2 0.3  
Cash and cash equivalent  0.0 27.4 110.6 35.6 39.3  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
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  -6.9 -117.0 -263.2 -200.1 -226.5  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  19 -51 -44 47 -23  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  19 -51 -44 68 -23  
EBIT / employee  15 -54 -51 40 -51  
Net earnings / employee  11 -59 -58 35 -54