CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB — Credit Rating and Financial Key Figures

CVR number: 31051517
Axeltorv 2 N, 1609 København V

Company information

Official name
CORE GERMAN RESIDENTIAL II KOMMANDITAKTIESELSKAB
Personnel
2 persons
Established
2007
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales25 265.0026 155.0025 770.0027 395.0028 330.00
Gross profit25 265.0026 155.0025 770.0015 654.0016 293.00
EBIT13 109.0013 191.0012 731.0012 959.0013 669.00
Net earnings19 502.0037 745.0042 396.00-4 413.00-34 922.00
Shareholders equity total226 474.00259 442.00304 773.00305 110.00269 571.00
Balance sheet total (assets)499 586.00512 035.00556 576.00543 227.00501 766.00
Net debt185 292.00182 553.00
Profitability
EBIT-%51.9 %50.4 %49.4 %47.3 %48.2 %
ROA2.7 %2.6 %2.4 %-0.4 %-6.5 %
ROE8.9 %15.5 %15.0 %-1.4 %-12.2 %
ROI2.7 %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 ratio100.0 %100.0 %100.0 %56.3 %53.8 %
Gearing61.5 %69.4 %
Relative net indebtedness %681.2 %650.0 %
Liquidity
Quick ratio5.08.0
Current ratio2.93.9
Cash and cash equivalents2 258.004 415.00
Capital use efficiency
Trade debtors turnover (days)9.711.6
Net working capital %13.7 %17.3 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:-6.47%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Board member
Chief executive officer
Board member

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