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CER III Denmark Residential 3 K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CER III Denmark Residential 3 K/S
CER III Denmark Residential 3 K/S (CVR number: 42207853) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 31.8 mDKK, while net earnings were 27.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 70.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, 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. CER III Denmark Residential 3 K/S's liquidity measured by quick ratio was 12.6 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 7 658.26 | 8 149.03 | ||
| EBIT | 44 058.26 | -44 699.44 | -8 552.92 | 31 757.24 |
| Net earnings | 39 475.14 | -48 975.46 | -12 764.01 | 27 441.31 |
| Shareholders equity total | 96 115.14 | 44 010.24 | 27 373.23 | 50 578.54 |
| Balance sheet total (assets) | 330 210.71 | 275 550.72 | 257 952.05 | 280 624.82 |
| Net debt | 216 818.83 | 216 272.57 | 215 728.50 | 216 203.02 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 13.3 % | -14.8 % | -3.2 % | 11.8 % |
| ROE | 41.1 % | -69.9 % | -35.8 % | 70.4 % |
| ROI | 13.5 % | -15.0 % | -3.2 % | 11.9 % |
| Economic value added (EVA) | 44 058.26 | -61 040.81 | -22 156.42 | 19 048.47 |
| Solvency | ||||
| Equity ratio | 29.1 % | 16.0 % | 10.6 % | 18.0 % |
| Gearing | 238.1 % | 515.1 % | 823.9 % | 445.6 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.2 | 1.7 | 8.2 | 12.6 |
| Current ratio | 0.2 | 1.7 | 8.2 | 12.6 |
| Cash and cash equivalents | 12 058.29 | 10 433.67 | 9 809.10 | 9 187.88 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BBB | BB | BBB |
Variable visualization
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