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CER III Denmark Residential 5 K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CER III Denmark Residential 5 K/S
CER III Denmark Residential 5 K/S (CVR number: 42869821) is a company from KØBENHAVN. The company recorded a gross profit of 63.8 mDKK in 2024. The operating profit was 105.3 mDKK, while net earnings were 42.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -0.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CER III Denmark Residential 5 K/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 20 537.16 | -41 588.83 | 63 767.25 |
| EBIT | - 147 662.84 | - 102 488.83 | 105 267.25 |
| Net earnings | - 168 598.96 | -62 480.21 | 42 774.24 |
| Shareholders equity total | 18 518.06 | -43 962.14 | -1 187.90 |
| Balance sheet total (assets) | 741 144.50 | 679 803.12 | 727 752.39 |
| Net debt | 705 384.79 | 705 923.93 | 703 731.84 |
| Profitability | |||
| EBIT-% | |||
| ROA | -19.9 % | -14.0 % | 14.5 % |
| ROE | -910.5 % | -17.9 % | 6.1 % |
| ROI | -20.3 % | -14.1 % | 14.5 % |
| Economic value added (EVA) | - 147 662.84 | - 139 086.48 | 71 809.75 |
| Solvency | |||
| Equity ratio | 2.5 % | -6.1 % | -0.2 % |
| Gearing | 3833.0 % | -1614.5 % | -60063.8 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.3 | 0.8 | 1.1 |
| Current ratio | 0.3 | 0.8 | 1.1 |
| Cash and cash equivalents | 4 408.55 | 3 859.17 | 9 766.29 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BBB | BBB |
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