RT Properties ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RT Properties ApS
RT Properties ApS (CVR number: 36733101) is a company from HOLBÆK. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -46.2 % compared to the previous year. The operating profit percentage was at 90.5 % (EBIT: 0.1 mDKK), while net earnings were -7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. RT Properties ApS's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.97 | 331.52 | 80.01 | 113.02 | 60.78 |
Gross profit | 79.65 | 254.47 | 58.98 | 0.28 | 55.03 |
EBIT | 79.65 | 254.47 | 58.98 | 0.28 | 55.03 |
Net earnings | 56.26 | 253.47 | 54.43 | -11.12 | -7.08 |
Shareholders equity total | 63.54 | 317.00 | 371.44 | 360.32 | 353.24 |
Balance sheet total (assets) | 226.61 | 1 520.22 | 1 727.84 | 1 250.27 | 570.23 |
Net debt | 93.11 | 817.38 | 1 143.83 | 482.25 | - 316.07 |
Profitability | |||||
EBIT-% | 68.1 % | 76.8 % | 73.7 % | 0.3 % | 90.5 % |
ROA | 23.1 % | 31.7 % | 4.8 % | 1.4 % | 8.1 % |
ROE | 158.9 % | 133.2 % | 15.8 % | -3.0 % | -2.0 % |
ROI | 25.4 % | 40.7 % | 5.8 % | 1.7 % | 10.9 % |
Economic value added (EVA) | 79.32 | 246.60 | 1.97 | -75.86 | 12.69 |
Solvency | |||||
Equity ratio | 28.0 % | 20.9 % | 21.5 % | 28.8 % | 61.9 % |
Gearing | 173.1 % | 274.4 % | 308.8 % | 178.9 % | |
Relative net indebtedness % | 125.0 % | 347.1 % | 1691.4 % | 643.6 % | -163.0 % |
Liquidity | |||||
Quick ratio | 1.2 | 4.6 | 1.4 | 1.8 | 2.6 |
Current ratio | 4.3 | 4.6 | 8.3 | 5.1 | 2.6 |
Cash and cash equivalents | 16.89 | 52.63 | 3.15 | 162.50 | 316.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 148.4 % | 358.0 % | 1897.9 % | 889.3 % | 581.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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