ACCENTRO REAL ESTATE AG ANNUAL REPORT ACCENTRO GROUP
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Key Figures
INCOME STATEMENT | ||
TEUR | ||
2022 | 2021 | |
Group revenues | 165,227 | 192,747 |
Gross profit (interim result) | 44,299 | 58,025 |
EBIT 1) | 8,539 | 45,165 |
EBIT margin | 5.2 % | 23.4 % |
EBT | - 8,759 | 20,597 |
Consolidated total income | - 11,980 | 13,127 |
Earnings per share (EUR) | - 0.45 | 0.37 |
OTHER KEY FIGURES | ||
31/ 12 /2022 | 31/ 12 /2021 | |
Shares outstanding | 32,437,934 | 32,437,934 |
Market capitalisation (EUR) | 72,012,213 | 214,090,364 |
Total portfolio (units) | 5,903 | 4,861 |
Employees | 123 | 101 |
BALANCE SHEET RATIOS | ||
TEUR | ||
31/ 12 /2022 | 31/ 12 /2021 | |
Non-current assets | 453,615 | 427,705 |
Current assets | 423,511 | 485,761 |
Cash and cash equivalents | 100,784 | 121,502 |
Equity ratio | 28.2 % | 28.0 % |
Total assets | 877,216 | 929,466 |
Loan to Value (LTV) | 57.4 % 2)/ 51.0 % 3) | 54.9 % 2)/ 48.2 % 3) |
- including valuation result (2022: EUR - 1.8m; 2021: EUR 19.0m)
- based on the defintion specified in the terms of the 2020/2023 bond
- based on the defintion specified in the terms of the 2021/2026 bond
ANNUAL REPORT ACCENTRO GROUP 2022 | 2 |
ACCENTRO at a glance
No. 1 | 50+ | 2bn+ |
in housing | locations | sales volume (EUR) |
privatisation | since 2009 |
20+ | 13,000+ | 18,000+ |
years of | happy customers | sold units |
experience | since 2009 |
Contents 01 | 03 | 04 |
O U R CO M PA N Y | CO M B I N E D M A N AG E M E N T | |||
R E P O RT A N D G R O U P | ||||
5 Our business model | M A N AG E M E N T R E P O RT | |||
24 | Preliminary Remarks | |||
02 | 24 | Basic Principles of the Group | ||
27 | Economic Report | |||
32 | Business Performance | |||
42 | Report on the Separate | |||
TO O U R S H A R E H O L D E R S | Financial Statement of | |||
ACCENTRO Real Estate AG | ||||
CO N S O L I DAT E D
F I N A N C I A L STAT E M E N TS
70 Consolidated Balance Sheet
72 Consolidated Statement of Comprehensive Income
- Consolidated Statement of Changes in Equity
- Consolidated Cash Flow Statement
77 Notes to the Consolidated Financial Statements
9 Letter to the Shareholders
- Report by the Supervisory Board
- Corporate Governance Report
- The ACCENTRO Stock
48 Opportunity and Risk Report, Forecast Report
59 Internal Control System and
Risk Management in Regard to the Group Accounting Process
61 Disclosures pursuant to Articles 289a, 315a, HGB
68 Corporate Governance Statement pursuant to Articles 289f, 315d, HGB
68 Remuneration Report
68 Closing Statement of the
ManagementBoard on the
DependentCompanies Report
- Responsibility Statement by the Legal Representatives
- Group Auditor's Report
05
F U RT H E R I N FO R M AT I O N
- Directors and Officers
- Forward-lookingStatements
- Financial Calendar
- Credits
ANNUAL REPORT ACCENTRO GROUP 2022 | 4 |
01
OUR COMPANY
01 OUR COMPANY
- Our Business Model
02 TO OUR SHAREHOLDERS
03 COMBINED MANAGEMENT
REPORT AND GROUP
MANAGEMENT REPORT
04 CONSOLIDATED FINANCIAL STATEMENTS
05 FURTHER INFORMATION
Our
Company
ACCENTRO is a residential property investor and, with over
20 years in the business and more than 13,000 customers, is Germany's market leader in housing privatisations. In the years since 2009, we have sold more than 18,000 units with a total value of over EUR 2.0 billion.
This track record underscores our smart strategic focus as well as our excellent market position. This includes our excellent
reputation and our first-class real estate portfolio. In addition, we benefit from broad-based market access and a strong, far-reaching sales and marketing platform with international reach that includes more than 50 locations.
SERVICES
- Marketing apartments
- Surveys and know-how
- Digitisation (PropRate)
SALES
- Owner-occupiersand buy-to-let investors
- Institutional investors
OUR BUSINESS
MODEL
Portfolio
- Development and management of a proprietary real estate portfolio
ANNUAL REPORT ACCENTRO GROUP 2022 | 5 |
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Disclaimer
Accentro Real Estate AG published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 11:42:11 UTC.
