CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB
CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB (CVR number: 31051517K) is a company from KØBENHAVN. The company reported a net sales of 28.3 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 48.2 % (EBIT: 13.7 mDKK), while net earnings were -34.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB's liquidity measured by quick ratio was 8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25 265.00 | 26 155.00 | 25 770.00 | 27 395.00 | 28 330.00 |
Gross profit | 25 265.00 | 26 155.00 | 25 770.00 | 15 654.00 | 16 293.00 |
EBIT | 13 109.00 | 13 191.00 | 12 731.00 | 12 959.00 | 13 669.00 |
Net earnings | 19 502.00 | 37 745.00 | 42 396.00 | -4 413.00 | -34 922.00 |
Shareholders equity total | 226 474.00 | 259 442.00 | 304 773.00 | 305 110.00 | 269 571.00 |
Balance sheet total (assets) | 499 586.00 | 512 035.00 | 556 576.00 | 543 227.00 | 501 766.00 |
Net debt | 185 292.00 | 182 553.00 | |||
Profitability | |||||
EBIT-% | 51.9 % | 50.4 % | 49.4 % | 47.3 % | 48.2 % |
ROA | 2.7 % | 2.6 % | 2.4 % | -0.4 % | -6.5 % |
ROE | 8.9 % | 15.5 % | 15.0 % | -1.4 % | -12.2 % |
ROI | 2.7 % | 2.6 % | 2.4 % | -0.4 % | -6.5 % |
Economic value added (EVA) | 304.55 | - 342.49 | -2 544.48 | -4 413.57 | -12 914.14 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.3 % | 53.8 % |
Gearing | 61.5 % | 69.4 % | |||
Relative net indebtedness % | 681.2 % | 650.0 % | |||
Liquidity | |||||
Quick ratio | 5.0 | 8.0 | |||
Current ratio | 2.9 | 3.9 | |||
Cash and cash equivalents | 2 258.00 | 4 415.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.7 | 11.6 | |||
Net working capital % | 13.7 % | 17.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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