N. REITH EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 39821478
Bolbrovænge 31, 2960 Rungsted Kyst
tel: 40904088

Credit rating

Company information

Official name
N. REITH EJENDOMME ApS
Established
2018
Company form
Private limited company
Industry

About N. REITH EJENDOMME ApS

N. REITH EJENDOMME ApS (CVR number: 39821478) is a company from HØRSHOLM. The company recorded a gross profit of 2392.5 kDKK in 2023. The operating profit was 1466.1 kDKK, while net earnings were 62.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 5.6 %, 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. N. REITH EJENDOMME ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 742.131 950.632 152.362 103.042 392.53
EBIT944.271 152.771 279.411 177.471 466.06
Net earnings270.56417.79452.03361.0762.18
Shareholders equity total320.56738.361 190.391 551.461 613.64
Balance sheet total (assets)28 650.6927 811.1429 789.5628 979.2228 809.51
Net debt27 014.7325 342.7726 935.6025 444.9124 820.91
Profitability
EBIT-%
ROA3.3 %4.1 %4.4 %4.0 %5.1 %
ROE84.4 %78.9 %46.9 %26.3 %3.9 %
ROI3.3 %4.1 %4.5 %4.1 %5.2 %
Economic value added (EVA)736.47202.34339.20298.33540.45
Solvency
Equity ratio1.1 %2.7 %4.0 %5.4 %5.6 %
Gearing8458.4 %3440.2 %2262.8 %1640.1 %1556.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.8
Current ratio0.00.00.10.8
Cash and cash equivalents99.6557.96291.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:5.12%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.60%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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