PATRIZIA NORDIC CITIES PROPCO A ApS — Credit Rating and Financial Key Figures

CVR number: 36447257
Adelgade 15, 1304 København K

Credit rating

Company information

Official name
PATRIZIA NORDIC CITIES PROPCO A ApS
Established
2014
Company form
Private limited company
Industry

About PATRIZIA NORDIC CITIES PROPCO A ApS

PATRIZIA NORDIC CITIES PROPCO A ApS (CVR number: 36447257) is a company from KØBENHAVN. The company reported a net sales of 28.7 mDKK in 2023, demonstrating a growth of 12.5 % compared to the previous year. The operating profit percentage was poor at -55.1 % (EBIT: -15.8 mDKK), while net earnings were -23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -57.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.7 %, 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. PATRIZIA NORDIC CITIES PROPCO A ApS's liquidity measured by quick ratio was 2.5 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 323.0025 567.0024 984.0025 535.0028 735.00
Gross profit40 564.0020 351.0019 241.0020 380.0017 356.00
EBIT17 341.00-5 911.009 945.0011 083.00-15 833.00
Net earnings363.00-14 302.00-2 338.00-1 912.00-23 092.00
Shareholders equity total70 327.0056 025.0053 687.0051 775.0028 683.00
Balance sheet total (assets)538 491.00519 384.00515 025.00518 944.00503 897.00
Net debt440 800.00430 820.00428 656.00420 436.00414 127.00
Profitability
EBIT-%68.5 %-23.1 %39.8 %43.4 %-55.1 %
ROA2.9 %-1.1 %1.9 %2.1 %-3.1 %
ROE0.3 %-22.6 %-4.3 %-3.6 %-57.4 %
ROI2.9 %-1.1 %2.0 %2.2 %-3.1 %
Economic value added (EVA)-3 686.71-24 326.49-8 234.06-5 481.78-30 389.09
Solvency
Equity ratio13.3 %11.0 %10.4 %10.0 %5.7 %
Gearing647.5 %799.8 %834.4 %877.3 %1605.6 %
Relative net indebtedness %1791.4 %1744.9 %1769.3 %1646.5 %1441.2 %
Liquidity
Quick ratio1.63.82.16.52.5
Current ratio0.81.52.16.52.5
Cash and cash equivalents14 535.0017 253.0019 300.0033 801.0046 418.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-12.7 %32.4 %60.1 %135.0 %122.7 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-3.10%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.69%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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