CER III Denmark Residential 3 K/S — Credit Rating and Financial Key Figures

CVR number: 42207853
Meldahlsgade 5, 1613 København V

Credit rating

Company information

Official name
CER III Denmark Residential 3 K/S
Established
2021
Company form
Limited partnership
Industry

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 8507.7 kDKK in 2023. The operating profit was -8492.3 kDKK, while net earnings were -12.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -35.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.6 %, 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 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit7 658.268 149.038 507.65
EBIT44 058.26-44 699.44-8 492.35
Net earnings39 475.14-48 975.46-12 764.01
Shareholders equity total96 115.1444 010.2427 373.23
Balance sheet total (assets)330 210.71275 550.72257 952.05
Net debt216 818.83216 272.57215 728.50
Profitability
EBIT-%
ROA13.3 %-14.8 %-3.2 %
ROE41.1 %-69.9 %-35.8 %
ROI13.5 %-15.0 %-3.2 %
Economic value added (EVA)44 058.26-57 031.20-18 276.37
Solvency
Equity ratio29.1 %16.0 %10.6 %
Gearing238.1 %515.1 %823.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.71.9
Current ratio0.21.71.9
Cash and cash equivalents12 058.2910 433.679 809.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:-3.18%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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