Reit V ApS — Credit Rating and Financial Key Figures

CVR number: 29804990
Vagtelvej 19, 8210 Aarhus V

Company information

Official name
Reit V ApS
Established
2006
Company form
Private limited company
Industry

About Reit V ApS

Reit V ApS (CVR number: 29804990) is a company from AARHUS. The company recorded a gross profit of 1201.1 kDKK in 2023. The operating profit was 1236.4 kDKK, while net earnings were -43.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.9 %, 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. Reit V 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 profit1 313.331 618.641 347.611 782.751 201.07
EBIT2 049.544 028.534 026.56-1 415.791 236.36
Net earnings1 263.282 742.142 644.61-1 886.63-43.93
Shareholders equity total5 258.316 800.447 445.053 558.433 514.50
Balance sheet total (assets)33 112.9935 841.3538 713.4735 336.1435 335.36
Net debt20 993.7020 907.1822 633.4224 039.0824 629.41
Profitability
EBIT-%
ROA6.3 %11.9 %11.0 %-3.8 %3.6 %
ROE21.5 %45.5 %37.1 %-34.3 %-1.2 %
ROI6.5 %12.4 %11.5 %-4.0 %3.8 %
Economic value added (EVA)509.042 132.712 118.34-2 118.62126.10
Solvency
Equity ratio15.9 %19.0 %19.2 %10.1 %9.9 %
Gearing403.1 %315.1 %312.1 %684.6 %706.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.00.0
Current ratio0.00.10.10.00.0
Cash and cash equivalents201.82520.29605.29322.44202.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBBA

Variable visualization

ROA:3.60%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.95%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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