K/S MERCURE ALTSTADT — Credit Rating and Financial Key Figures

CVR number: 32141935
Havnegade 39, 1058 København K
ms@investia.dk
tel: 70253213

Credit rating

Company information

Official name
K/S MERCURE ALTSTADT
Established
2009
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S MERCURE ALTSTADT

K/S MERCURE ALTSTADT (CVR number: 32141935) is a company from KØBENHAVN. The company recorded a gross profit of 842.9 kEUR in 2023. The operating profit was 912.9 kEUR, while net earnings were 768 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. K/S MERCURE ALTSTADT'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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
20192020202120222023
Volume
Net sales
Gross profit573.28691.18698.66466.94842.90
EBIT573.28691.18698.66866.94912.90
Net earnings408.95509.11645.20824.25767.99
Shareholders equity total6 924.337 336.607 641.877 705.917 923.79
Balance sheet total (assets)12 429.4812 785.1513 004.1513 005.7113 126.82
Net debt5 279.915 224.215 093.655 046.544 938.70
Profitability
EBIT-%
ROA4.4 %5.6 %6.1 %7.1 %7.1 %
ROE5.9 %7.1 %8.6 %10.7 %9.8 %
ROI4.4 %5.6 %6.2 %7.2 %7.2 %
Economic value added (EVA)-69.47-36.0112.68179.49146.36
Solvency
Equity ratio55.7 %57.4 %58.8 %59.3 %60.4 %
Gearing77.4 %71.9 %67.9 %66.3 %63.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.42.02.50.70.8
Current ratio0.42.02.50.70.8
Cash and cash equivalents76.2750.0997.7761.0183.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:7.11%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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