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CER III Denmark 1 K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CER III Denmark 1 K/S
CER III Denmark 1 K/S (CVR number: 36921846) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 29.7 mDKK, while net earnings were 24.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CER III Denmark 1 K/S's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 7 446.12 | 9 671.13 | 10 490.63 | ||
| EBIT | 30 446.12 | 109 671.13 | -56 509.37 | -21 731.00 | 29 743.47 |
| Net earnings | 28 884.08 | 108 077.89 | -58 085.58 | -24 096.87 | 24 353.44 |
| Shareholders equity total | 117 473.67 | 225 551.56 | 159 375.58 | 120 479.64 | 136 930.08 |
| Balance sheet total (assets) | 329 386.82 | 436 990.81 | 370 227.33 | 330 398.88 | 345 999.70 |
| Net debt | 199 083.81 | 190 822.03 | 189 613.52 | 196 249.10 | 199 249.65 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.6 % | 28.6 % | -14.0 % | -6.2 % | 8.8 % |
| ROE | 28.0 % | 63.0 % | -30.2 % | -17.2 % | 18.9 % |
| ROI | 9.7 % | 29.0 % | -14.2 % | -6.3 % | 8.8 % |
| Economic value added (EVA) | 15 267.49 | 93 356.10 | -78 209.73 | -40 057.96 | 13 414.37 |
| Solvency | |||||
| Equity ratio | 35.7 % | 51.6 % | 43.0 % | 36.5 % | 39.6 % |
| Gearing | 176.4 % | 91.5 % | 128.8 % | 169.7 % | 148.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 2.5 | 2.5 | 4.6 | 2.6 |
| Current ratio | 1.4 | 2.5 | 2.5 | 4.6 | 2.6 |
| Cash and cash equivalents | 8 119.89 | 15 474.33 | 15 726.39 | 8 228.43 | 4 307.69 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | A |
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