CER III Denmark 4 Propco ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CER III Denmark 4 Propco ApS
CER III Denmark 4 Propco ApS (CVR number: 32451241) is a company from KØBENHAVN. The company recorded a gross profit of 2417.9 kDKK in 2023. The operating profit was -11.6 mDKK, while net earnings were -9457.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, 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. CER III Denmark 4 Propco ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 935.41 | ||||
Gross profit | 8 467.42 | 2 737.77 | 3 637.84 | 1 943.82 | 2 417.85 |
EBIT | 8 343.54 | 85 316.93 | 65 637.84 | -42 056.18 | -11 582.15 |
Net earnings | 4 650.44 | 64 764.17 | 50 868.01 | -32 501.43 | -9 457.67 |
Shareholders equity total | 22 068.52 | 77 832.69 | 128 700.71 | 93 344.16 | 83 886.49 |
Balance sheet total (assets) | 104 360.65 | 187 295.79 | 253 061.28 | 207 291.90 | 195 069.48 |
Net debt | 70 360.61 | 79 272.38 | 79 819.62 | 81 479.93 | 79 853.71 |
Profitability | |||||
EBIT-% | 169.1 % | ||||
ROA | 8.2 % | 58.5 % | 29.8 % | -18.3 % | -5.8 % |
ROE | 23.6 % | 129.7 % | 49.3 % | -29.3 % | -10.7 % |
ROI | 8.4 % | 59.4 % | 30.1 % | -18.5 % | -5.9 % |
Economic value added (EVA) | 1 703.80 | 62 057.90 | 43 627.61 | -42 153.59 | -17 439.06 |
Solvency | |||||
Equity ratio | 21.2 % | 41.6 % | 50.9 % | 45.0 % | 43.0 % |
Gearing | 328.0 % | 104.5 % | 63.6 % | 87.4 % | 97.3 % |
Relative net indebtedness % | 1471.3 % | ||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 0.8 | 0.4 | 0.6 |
Current ratio | 1.4 | 1.3 | 0.8 | 0.4 | 0.6 |
Cash and cash equivalents | 2 021.94 | 2 101.65 | 2 024.40 | 57.78 | 1 729.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 12.6 % | ||||
Credit risk | |||||
Credit rating | AA | BBB | A | BBB | BBB |
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