REIT Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About REIT Management ApS
REIT Management ApS (CVR number: 38669478) is a company from AARHUS. The company recorded a gross profit of 146.1 kDKK in 2024. The operating profit was -262.5 kDKK, while net earnings were -249 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.7 %, which can be considered poor and Return on Equity (ROE) was -177.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. REIT Management ApS's liquidity measured by quick ratio was 1.6 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 | 237.56 | 3 814.04 | 257.16 | 33.32 | 146.10 |
| EBIT | - 120.73 | 3 391.06 | - 130.70 | - 393.67 | - 262.48 |
| Net earnings | - 107.75 | 2 622.18 | - 112.27 | - 341.22 | - 249.04 |
| Shareholders equity total | 345.82 | 2 968.01 | 355.75 | 14.53 | 265.49 |
| Balance sheet total (assets) | 551.17 | 4 770.39 | 1 224.20 | 907.38 | 695.67 |
| Net debt | - 326.02 | -4 653.49 | -1 122.96 | 71.32 | - 116.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -18.4 % | 127.4 % | -4.4 % | -36.9 % | -32.7 % |
| ROE | -27.0 % | 158.3 % | -6.8 % | -184.3 % | -177.9 % |
| ROI | -22.0 % | 193.3 % | -7.6 % | -62.1 % | -34.5 % |
| Economic value added (EVA) | - 126.24 | 2 621.71 | - 255.09 | - 328.08 | - 247.63 |
| Solvency | |||||
| Equity ratio | 62.7 % | 62.2 % | 29.1 % | 1.6 % | 38.2 % |
| Gearing | 33.5 % | 2.7 % | 16.2 % | 5776.5 % | 150.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 2.6 | 1.4 | 1.0 | 1.6 |
| Current ratio | 2.6 | 2.6 | 1.4 | 1.0 | 1.6 |
| Cash and cash equivalents | 442.02 | 4 732.89 | 1 180.55 | 767.84 | 516.47 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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