REIT Management ApS

CVR number: 38669478
Vagtelvej 19, 8210 Aarhus V
sk@reit.dk
www.reit.dk

Credit rating

Company information

Official name
REIT Management ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About REIT Management ApS

REIT Management ApS (CVR number: 38669478) is a company from AARHUS. The company recorded a gross profit of 33.3 kDKK in 2023. The operating profit was -393.7 kDKK, while net earnings were -341.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.9 %, which can be considered poor and Return on Equity (ROE) was -184.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.6 %, 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. REIT Management ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit336.66237.563 814.04257.1633.32
EBIT- 156.14- 120.733 391.06- 130.70- 393.67
Net earnings- 156.98- 107.752 622.18- 112.27- 341.22
Shareholders equity total453.58345.822 968.01355.7514.53
Balance sheet total (assets)759.12551.174 770.391 224.20907.38
Net debt-74.05- 326.02-4 653.49-1 122.9671.32
Profitability
EBIT-%
ROA-19.0 %-18.4 %127.4 %-4.4 %-36.9 %
ROE-55.7 %-27.0 %158.3 %-6.8 %-184.3 %
ROI-24.1 %-22.0 %193.3 %-7.6 %-62.1 %
Economic value added (EVA)- 112.24- 104.002 649.75-13.27- 265.86
Solvency
Equity ratio59.8 %62.7 %62.2 %29.1 %1.6 %
Gearing40.6 %33.5 %2.7 %16.2 %5776.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.62.61.41.0
Current ratio1.32.62.61.41.0
Cash and cash equivalents258.26442.024 732.891 180.55767.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-36.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.60%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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