10.05.2017

Profits before tax: 10,5 million DKK in 2016

Rentbuyestate.com A/S, an IT company based in Denmark, produced its figures this week with a turnover of about 24 million DKK in 2016, representing an increase of approximately 33 percent from 2015. Profits before tax were 10,5 million DKK – an increase of roughly 43 percent compared to 2014.

In 2016, Rentbuyestate.com A/S continued the international expansion.

“This came about, partly through the launch of www.verksamhetslokaler.se - our Commercial real estate portal - in Sweden and preparing the launch of a housing portal in Germany and a commercial real estate portal in Netherlands. Both these portals are launched in 2017 but are still in beta – www.wohnmatch.de and www.bedrijfspandenmatch.nl and partly through the fine tuning of the organization to new challenges, and also through intensive development, optimisation and sophistication of the software” says CEO Thomas Barfod.

Thomas Barfod expects that Rentbuyestate.com A/S could carry a rapid expansion through organic growth and without any external input of capital:

“In 2017, we will intensify the expansion. We aim to launch a commercial real estate portal also in the German market, and will furthermore increase our efforts to win more market shares on all four markets, by innovation and world class marketing and communications. Our goal is to increase the result by 100 percent”, says Thomas Barfod.

Subscribe to our newsletter

Sign up to our newsletter and get information about new projects, new products, investment opportunities, financial news from Rentbuyestate.com and our mother company Digital Disruption Media A/S