Rialto Real Estate Developments ApS — Credit Rating and Financial Key Figures

CVR number: 36716320
Kongens Nytorv 22, 1050 København K

Company information

Official name
Rialto Real Estate Developments ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About Rialto Real Estate Developments ApS

Rialto Real Estate Developments ApS (CVR number: 36716320) is a company from KØBENHAVN. The company recorded a gross profit of 130.2 kDKK in 2023. The operating profit was -575.4 kDKK, while net earnings were -602.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -55.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rialto Real Estate Developments ApS's liquidity measured by quick ratio was 0.4 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 profit1 028.001 109.961 400.80444.19130.22
EBIT- 551.00- 628.16179.9428.95- 575.41
Net earnings- 555.00-1 783.271 096.90- 808.23- 602.63
Shareholders equity total179.00-1 604.16- 507.27-1 315.49-1 918.13
Balance sheet total (assets)459.0024 091.8045 605.6226 578.841 511.07
Net debt- 123.001 211.28205.771 611.392 126.24
Profitability
EBIT-%
ROA-72.1 %-4.8 %5.6 %0.1 %-3.6 %
ROE-121.5 %-14.7 %3.1 %-2.2 %-4.3 %
ROI-120.6 %-5.0 %5.7 %0.1 %-3.7 %
Economic value added (EVA)- 583.39- 629.101 428.692 325.20916.56
Solvency
Equity ratio39.0 %-6.2 %-1.1 %-4.7 %-55.9 %
Gearing-1558.3 %-8973.7 %-2100.1 %-162.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.91.00.90.4
Current ratio0.50.91.00.90.4
Cash and cash equivalents123.0023 787.1345 315.1026 014.64984.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.62%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-55.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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