RCN Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 10084253
Oddervej 10, 8000 Aarhus C
rene@rcn-ejendomme.dk
tel: 61221721

Credit rating

Company information

Official name
RCN Ejendomme A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry

About RCN Ejendomme A/S

RCN Ejendomme A/S (CVR number: 10084253) is a company from AARHUS. The company recorded a gross profit of 297.5 kDKK in 2024. The operating profit was 805.2 kDKK, while net earnings were 357.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -7.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RCN Ejendomme A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-61.30219.95371.87388.32297.51
EBIT- 193.6585.571 813.33-64.74805.24
Net earnings- 200.49269.901 392.80- 130.22357.18
Shareholders equity total-2 997.62-2 727.72-1 334.92-1 465.14-1 107.96
Balance sheet total (assets)11 474.5112 536.4514 494.0413 485.3014 598.34
Net debt11 656.3214 935.6614 141.3514 683.1915 389.83
Profitability
EBIT-%
ROA-1.5 %0.6 %11.7 %0.9 %5.3 %
ROE-1.9 %2.2 %10.3 %-0.9 %2.5 %
ROI-1.8 %0.6 %11.7 %0.9 %5.3 %
Economic value added (EVA)- 490.87- 378.331 271.26- 759.96206.16
Solvency
Equity ratio-20.7 %-17.9 %-8.4 %-9.8 %-7.1 %
Gearing-391.5 %-547.6 %-1157.7 %-1002.2 %-1394.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.05.14.40.20.8
Current ratio0.05.14.30.22.2
Cash and cash equivalents79.291 312.5856.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.25%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.06%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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