Core German Residential II Mönchengladbach K/S — Credit Rating and Financial Key Figures

CVR number: 40502289
Axeltorv 2 N, 1609 København V

Company information

Official name
Core German Residential II Mönchengladbach K/S
Established
2019
Company form
Limited partnership
Industry

About Core German Residential II Mönchengladbach K/S

Core German Residential II Mönchengladbach K/S (CVR number: 40502289) is a company from KØBENHAVN. The company reported a net sales of 1.4 mEUR in 2024, demonstrating a decline of -12.6 % compared to the previous year. The operating profit percentage was at 169.6 % (EBIT: 2.4 mEUR), while net earnings were 1494 kEUR. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Core German Residential II Mönchengladbach K/S's liquidity measured by quick ratio was 1.4 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 financials

Net sales (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 311.001 470.001 538.001 590.001 389.00
Gross profit28.003 743.0069.00-1 484.001 605.00
EBIT- 670.006 597.00- 894.00-4 048.002 356.00
Net earnings- 234.003 469.00- 313.00-2 091.001 494.00
Shareholders equity total9 723.0013 192.0012 879.0010 788.0012 282.00
Balance sheet total (assets)25 716.0029 168.0028 760.0026 600.0012 856.00
Net debt15 715.0015 418.0015 477.0015 309.00521.00
Profitability
EBIT-%-51.1 %448.8 %-58.1 %-254.6 %169.6 %
ROA-3.2 %24.0 %-3.1 %-14.6 %11.9 %
ROE-2.4 %30.3 %-2.4 %-17.7 %13.0 %
ROI-3.3 %24.2 %-3.1 %-14.7 %12.0 %
Economic value added (EVA)-1 249.736 035.00-1 621.07-4 754.821 753.65
Solvency
Equity ratio37.9 %45.3 %44.9 %40.7 %95.8 %
Gearing162.8 %118.9 %122.1 %144.5 %4.2 %
Relative net indebtedness %1211.4 %1068.8 %1016.3 %977.2 %41.3 %
Liquidity
Quick ratio0.00.00.00.01.4
Current ratio0.00.00.00.01.3
Cash and cash equivalents112.00265.00251.00275.00
Capital use efficiency
Trade debtors turnover (days)12.815.96.67.310.0
Net working capital %-1076.7 %-954.8 %-913.8 %-864.0 %13.1 %
Credit risk
Credit ratingBBBAABBBBBBAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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