RENÉ LAURITSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 29169993
Bøvlvej 89, Bøvl 7260 Sønder Omme
tel: 75341408

Credit rating

Company information

Official name
RENÉ LAURITSEN EJENDOMME ApS
Established
2005
Domicile
Bøvl
Company form
Private limited company
Industry

About RENÉ LAURITSEN EJENDOMME ApS

RENÉ LAURITSEN EJENDOMME ApS (CVR number: 29169993) is a company from BILLUND. The company recorded a gross profit of 512.6 kDKK in 2023. The operating profit was 320.5 kDKK, while net earnings were 38.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.5 %, 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. RENÉ LAURITSEN EJENDOMME ApS's liquidity measured by quick ratio was 0 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 profit605.64549.78688.301 153.68512.60
EBIT385.43329.57464.94962.98320.47
Net earnings0.97- 110.64169.47783.9738.23
Shareholders equity total378.85346.34548.441 332.411 370.64
Balance sheet total (assets)9 416.399 253.929 288.777 608.437 846.23
Net debt8 611.138 532.768 456.745 910.196 137.30
Profitability
EBIT-%
ROA4.6 %4.1 %5.6 %12.8 %4.4 %
ROE0.3 %-30.5 %37.9 %83.4 %2.8 %
ROI4.9 %4.3 %5.8 %13.0 %4.5 %
Economic value added (EVA)-85.06-14.4365.10633.0027.10
Solvency
Equity ratio4.0 %3.7 %5.9 %17.5 %17.5 %
Gearing2273.0 %2463.7 %1542.0 %443.6 %447.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.37%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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