Rent Estate II ApS — Credit Rating and Financial Key Figures

CVR number: 36085010
Spotorno Alle 12, Høje Taastrup 2630 Taastrup
jba@rentestate.dk
tel: 70220029

Credit rating

Company information

Official name
Rent Estate II ApS
Established
2014
Domicile
Høje Taastrup
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Rent Estate II ApS

Rent Estate II ApS (CVR number: 36085010) is a company from Høje-Taastrup. The company reported a net sales of 9.3 mDKK in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 87.1 % (EBIT: 8.1 mDKK), while net earnings were 6302 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Rent Estate II ApS's liquidity measured by quick ratio was 1.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 751.258 012.008 115.008 941.009 267.00
Gross profit8 328.5611 609.0017 308.0012 346.007 776.00
EBIT10 348.5622 029.0039 168.0017 526.008 076.00
Net earnings11 905.9221 682.0013 986.0015 859.006 302.00
Shareholders equity total36 076.2657 758.0071 744.0087 603.0093 905.00
Balance sheet total (assets)113 712.18132 899.00146 507.00149 978.00155 391.00
Net debt67 917.3362 881.0059 863.0041 603.0043 888.00
Profitability
EBIT-%133.5 %275.0 %482.7 %196.0 %87.1 %
ROA15.6 %29.1 %28.9 %17.7 %6.3 %
ROE39.5 %46.2 %21.6 %19.9 %6.9 %
ROI15.7 %29.5 %29.2 %18.2 %6.5 %
Economic value added (EVA)3 783.4712 734.0027 036.389 509.962 106.99
Solvency
Equity ratio31.7 %43.5 %49.0 %58.4 %60.4 %
Gearing190.2 %110.4 %84.0 %50.8 %47.2 %
Relative net indebtedness %918.7 %833.9 %788.2 %530.6 %521.6 %
Liquidity
Quick ratio0.30.40.10.61.5
Current ratio0.30.40.10.61.5
Cash and cash equivalents697.10902.00415.002 857.00451.00
Capital use efficiency
Trade debtors turnover (days)25.333.83.314.220.4
Net working capital %-34.3 %-29.8 %-45.3 %-20.7 %30.4 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:6.28%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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