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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  17.2% 18.4% 14.4% 10.5% 12.6%  
Credit score (0-100)  10 7 14 22 17  
Credit rating  BB B BB BB BB  
Credit limit (kDKK)  -0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 1,922 1,214 2,093  
Gross profit  11.5 304 686 400 362  
EBITDA  -25.9 22.9 356 -76.8 272  
EBIT  -25.9 22.9 333 -76.8 261  
Pre-tax profit (PTP)  -25.9 -46.3 326.7 -86.1 251.3  
Net earnings  -25.9 -46.3 249.6 -86.1 196.0  
Pre-tax profit without non-rec. items  -25.9 -46.3 327 -86.1 251  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 71.2 71.2 71.2  
Shareholders equity total  -25.9 -72.2 217 208 360  
Interest-bearing liabilities  19.5 148 152 41.7 80.2  
Balance sheet total (assets)  53.1 349 555 508 647  

Net Debt  2.5 120 36.1 -50.9 5.1  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 1,922 1,214 2,093  
Net sales growth  0.0% 0.0% 0.0% -36.8% 72.4%  
Gross profit  11.5 304 686 400 362  
Gross profit growth  0.0% 2,545.5% 125.5% -41.7% -9.4%  
Employees  1 0 0 0 0  
Employee growth %  0.0% -100.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  53 349 555 508 647  
Balance sheet change%  0.0% 557.4% 58.9% -8.3% 27.3%  
Added value  -25.9 22.9 356.5 -53.0 271.9  
Added value %  0.0% 0.0% 18.5% -4.4% 13.0%  
Investments  0 0 47 0 -11  

Net sales trend  0.0 0.0 0.0 -1.0 1.0  
EBIT trend  -1.0 1.0 2.0 -1.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 18.5% -6.3% 13.0%  
EBIT %  0.0% 0.0% 17.3% -6.3% 12.5%  
EBIT to gross profit (%)  -225.0% 7.5% 48.5% -19.2% 72.1%  
Net Earnings %  0.0% 0.0% 13.0% -7.1% 9.4%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 14.2% -7.1% 9.9%  
Pre tax profit less extraordinaries %  0.0% 0.0% 17.0% -7.1% 12.0%  
ROA %  -32.8% 9.2% 68.2% -14.5% 45.2%  
ROI %  -132.7% 27.3% 128.7% -24.9% 75.7%  
ROE %  -48.7% -23.0% 88.2% -40.5% 69.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -32.8% -17.1% 39.1% 40.9% 55.6%  
Relative indebtedness %  0.0% 0.0% 17.6% 24.8% 13.7%  
Relative net indebtedness %  0.0% 0.0% 11.6% 17.1% 10.1%  
Net int. bear. debt to EBITDA, %  -9.8% 524.5% 10.1% 66.3% 1.9%  
Gearing %  -75.3% -205.5% 70.0% 20.1% 22.3%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 82.5% 4.0% 9.5% 16.2%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.7 0.8 0.7 0.5 2.6  
Current Ratio  0.7 0.8 1.1 1.1 3.7  
Cash and cash equivalent  17.0 28.0 115.6 92.6 75.1  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 22.4 0.0 35.6  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 80.1  
Current assets / Net sales %  0.0% 0.0% 19.4% 26.4% 24.1%  
Net working capital  -25.9 -72.2 35.5 19.8 367.2  
Net working capital %  0.0% 0.0% 1.8% 1.6% 17.5%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -26 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -26 0 0 0 0  
EBIT / employee  -26 0 0 0 0  
Net earnings / employee  -26 0 0 0 0