Rent Estate IV ApS — Credit Rating and Financial Key Figures

CVR number: 29195382
Spotorno Alle 12, Høje Taastrup 2630 Taastrup
jba@rentestate.dk
tel: 70220029

Credit rating

Company information

Official name
Rent Estate IV ApS
Established
2005
Domicile
Høje Taastrup
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales17.0427.8335.2363.2375.16
Gross profit21.3597.71109.1268.0779.13
EBIT21.35260.65282.3895.95103.53
Net earnings22.0192.7883.8645.7347.69
Shareholders equity total123.85216.63300.50346.22393.91
Balance sheet total (assets)296.01424.94639.59820.32919.02
Net debt143.69188.48289.32406.53452.75
Profitability
EBIT-%125.3 %936.6 %801.5 %151.8 %137.7 %
ROA9.2 %72.3 %53.1 %13.4 %12.0 %
ROE19.5 %54.5 %32.4 %14.1 %12.9 %
ROI9.3 %74.1 %54.3 %13.9 %12.5 %
Economic value added (EVA)15.82239.40200.9950.8544.93
Solvency
Equity ratio41.8 %51.0 %47.0 %42.2 %42.9 %
Gearing130.6 %88.0 %100.6 %118.6 %115.1 %
Relative net indebtedness %904.2 %740.9 %882.2 %700.5 %649.7 %
Liquidity
Quick ratio2.40.60.60.11.9
Current ratio2.40.60.60.11.9
Cash and cash equivalents18.082.1013.023.980.67
Capital use efficiency
Trade debtors turnover (days)5.98.23.76.42.6
Net working capital %108.8 %-28.2 %-23.8 %-51.3 %45.7 %
Credit risk
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Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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