Rytger Ejendom ApS — Credit Rating and Financial Key Figures

CVR number: 38676032
Østre Strandvej 11, 2680 Solrød Strand

Credit rating

Company information

Official name
Rytger Ejendom ApS
Established
2017
Company form
Private limited company
Industry

About Rytger Ejendom ApS

Rytger Ejendom ApS (CVR number: 38676032) is a company from SOLRØD. The company recorded a gross profit of 281.6 kDKK in 2023. The operating profit was 193.8 kDKK, while net earnings were -60.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was -73.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rytger Ejendom ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit221.35277.67311.31296.50281.64
EBIT133.63189.79223.42208.61193.75
Net earnings-4.0340.2157.97-2.76-60.82
Shareholders equity total17.7757.98115.95113.2052.38
Balance sheet total (assets)4 256.324 273.644 358.604 410.003 844.63
Net debt3 925.903 768.253 583.423 499.683 476.59
Profitability
EBIT-%
ROA3.1 %4.4 %5.2 %4.8 %4.7 %
ROE-20.4 %106.2 %66.7 %-2.4 %-73.5 %
ROI3.3 %4.7 %5.5 %5.0 %5.0 %
Economic value added (EVA)105.52151.25181.31220.95170.47
Solvency
Equity ratio0.4 %1.4 %2.7 %2.6 %1.4 %
Gearing22521.9 %6834.8 %3402.2 %3528.6 %6637.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.10.0
Current ratio0.00.00.10.10.0
Cash and cash equivalents77.37194.89361.61494.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:4.71%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.36%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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