Rent Estate III ApS — Credit Rating and Financial Key Figures

CVR number: 29933626
Roholmsvej 21, Høje Taastrup 2620 Albertslund
jba@rentestate.dk
tel: 72344600
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Company information

Official name
Rent Estate III ApS
Established
2006
Domicile
Høje Taastrup
Company form
Private limited company
Industry

About Rent Estate III ApS

Rent Estate III ApS (CVR number: 29933626) is a company from ALBERTSLUND. The company reported a net sales of 14.1 mDKK in 2024, demonstrating a growth of 19 % compared to the previous year. The operating profit percentage was at 378.8 % (EBIT: 53.3 mDKK), while net earnings were 27.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 76.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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 III ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales11 833.0014 081.00
Gross profit4 780.004 459.004 113.00-4 671.0030 667.00
EBIT-17 188.007 564.00-88.00-16 447.0053 335.00
Net earnings-19 453.00-11 262.00-2 276.00-7 999.0027 229.00
Shareholders equity total-22 039.00-21 781.0029 944.0021 945.0049 174.00
Balance sheet total (assets)118 709.00112 744.00111 511.00103 042.00120 654.00
Net debt136 402.00132 007.0078 294.0076 154.0065 552.00
Profitability
EBIT-%-139.0 %378.8 %
ROA-12.1 %5.6 %0.0 %-15.1 %47.9 %
ROE-15.2 %-9.7 %-3.2 %-30.8 %76.6 %
ROI-12.3 %5.7 %0.0 %-15.7 %50.3 %
Economic value added (EVA)-23 821.17- 376.30-5 608.55-22 517.9649 275.46
Solvency
Equity ratio-15.7 %-16.2 %26.9 %21.3 %40.8 %
Gearing-618.9 %-606.1 %261.5 %347.0 %133.3 %
Relative net indebtedness %685.3 %507.6 %
Liquidity
Quick ratio1.91.01.11.20.4
Current ratio1.91.01.11.20.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)32.6
Net working capital %17.7 %-21.6 %
Credit risk
Credit ratingBBBBBBBBBBBAA

Variable visualization

ROA:47.9%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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