REK Berlin Asset Management A/S — Credit Rating and Financial Key Figures

CVR number: 37762024
Gl. Torv 2, 5800 Nyborg

Company information

Official name
REK Berlin Asset Management A/S
Established
2016
Company form
Limited company
Industry

About REK Berlin Asset Management A/S

REK Berlin Asset Management A/S (CVR number: 37762024) is a company from NYBORG. The company recorded a gross profit of 1754.5 kDKK in 2023. The operating profit was 1754.5 kDKK, while net earnings were 1329.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.1 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REK Berlin Asset Management A/S's liquidity measured by quick ratio was 8.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 186.474 470.211 513.012 809.371 754.48
EBIT4 186.474 220.21813.012 809.371 754.48
Net earnings3 272.553 287.45646.722 179.951 329.37
Shareholders equity total10 058.713 846.151 192.882 772.822 102.20
Balance sheet total (assets)11 282.325 393.192 298.333 078.112 384.20
Net debt-16.32-7.74- 343.96-2 087.67-1 139.17
Profitability
EBIT-%
ROA44.4 %50.7 %21.5 %104.6 %65.1 %
ROE38.9 %47.3 %25.7 %109.9 %54.5 %
ROI50.1 %60.8 %32.8 %141.8 %72.9 %
Economic value added (EVA)2 920.572 786.31444.812 121.131 173.02
Solvency
Equity ratio89.2 %71.3 %51.9 %90.1 %88.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.23.52.110.18.5
Current ratio9.23.52.110.18.5
Cash and cash equivalents16.327.74343.962 087.671 139.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:65.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.2%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

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