Commercial Real Estate Denmark P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Commercial Real Estate Denmark P/S
Commercial Real Estate Denmark P/S (CVR number: 27773702) is a company from KØBENHAVN. The company reported a net sales of 431.8 mDKK in 2024, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was poor at -42.5 % (EBIT: -183.5 mDKK), while net earnings were -330.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Commercial Real Estate Denmark P/S's liquidity measured by quick ratio was 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 436 361.00 | 431 762.00 | |||
Gross profit | 357 725.00 | 386 727.00 | 436 361.00 | 431 762.00 | |
EBIT | 309 000.00 | 664 971.00 | 220 422.00 | - 231 229.00 | - 183 457.00 |
Net earnings | 220 100.00 | 592 105.00 | 143 248.00 | - 381 318.00 | - 330 567.00 |
Shareholders equity total | 4 305 412.00 | 4 305 412.00 | 4 695 976.00 | 4 271 335.00 | 3 362 744.00 |
Balance sheet total (assets) | 7 658 800.00 | 8 184 051.00 | 8 448 681.00 | 7 989 542.00 | 6 914 073.00 |
Net debt | 231 395.00 | 3 542 859.00 | 3 464 340.00 | 3 409 947.00 | 3 165 370.00 |
Profitability | |||||
EBIT-% | -53.0 % | -42.5 % | |||
ROA | 4.1 % | 8.4 % | 2.7 % | -3.0 % | -2.5 % |
ROE | 5.7 % | 13.8 % | 3.2 % | -8.5 % | -8.7 % |
ROI | 4.1 % | 8.5 % | 2.7 % | -3.0 % | -2.5 % |
Economic value added (EVA) | 139 702.72 | 436 996.45 | -55 049.91 | - 640 284.45 | - 552 143.66 |
Solvency | |||||
Equity ratio | 100.0 % | 52.6 % | 55.6 % | 53.5 % | 48.6 % |
Gearing | 82.3 % | 76.1 % | 83.2 % | 101.3 % | |
Relative net indebtedness % | 819.1 % | 766.9 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 5.4 | 6.2 | 3.0 | |
Current ratio | 2.1 | 5.4 | 6.2 | 3.0 | |
Cash and cash equivalents | - 231 395.00 | 2 243.00 | 107 509.00 | 143 933.00 | 240 165.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 99.4 % | 39.2 % | |||
Credit risk | |||||
Credit rating | BBB | AA | A | A | A |
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