Rent Estate IV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rent Estate IV ApS
Rent Estate IV ApS (CVR number: 29195382) is a company from Høje-Taastrup. The company reported a net sales of 75.2 mDKK in 2023, demonstrating a growth of 18.9 % compared to the previous year. The operating profit percentage was at 137.7 % (EBIT: 103.5 mDKK), while net earnings were 47.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Rent Estate IV ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17.04 | 27.83 | 35.23 | 63.23 | 75.16 |
Gross profit | 21.35 | 97.71 | 109.12 | 68.07 | 79.13 |
EBIT | 21.35 | 260.65 | 282.38 | 95.95 | 103.53 |
Net earnings | 22.01 | 92.78 | 83.86 | 45.73 | 47.69 |
Shareholders equity total | 123.85 | 216.63 | 300.50 | 346.22 | 393.91 |
Balance sheet total (assets) | 296.01 | 424.94 | 639.59 | 820.32 | 919.02 |
Net debt | 143.69 | 188.48 | 289.32 | 406.53 | 452.75 |
Profitability | |||||
EBIT-% | 125.3 % | 936.6 % | 801.5 % | 151.8 % | 137.7 % |
ROA | 9.2 % | 72.3 % | 53.1 % | 13.4 % | 12.0 % |
ROE | 19.5 % | 54.5 % | 32.4 % | 14.1 % | 12.9 % |
ROI | 9.3 % | 74.1 % | 54.3 % | 13.9 % | 12.5 % |
Economic value added (EVA) | 15.82 | 239.40 | 200.99 | 50.85 | 44.93 |
Solvency | |||||
Equity ratio | 41.8 % | 51.0 % | 47.0 % | 42.2 % | 42.9 % |
Gearing | 130.6 % | 88.0 % | 100.6 % | 118.6 % | 115.1 % |
Relative net indebtedness % | 904.2 % | 740.9 % | 882.2 % | 700.5 % | 649.7 % |
Liquidity | |||||
Quick ratio | 2.4 | 0.6 | 0.6 | 0.1 | 1.9 |
Current ratio | 2.4 | 0.6 | 0.6 | 0.1 | 1.9 |
Cash and cash equivalents | 18.08 | 2.10 | 13.02 | 3.98 | 0.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.9 | 8.2 | 3.7 | 6.4 | 2.6 |
Net working capital % | 108.8 % | -28.2 % | -23.8 % | -51.3 % | 45.7 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AAA | AAA |
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