Noratis AG is a company based in Eschborn specializing in the development and holding of residential real estate. The focus is on properties from the 1950s to the 1970s in secondary locations or on the outskirts of metropolitan areas, which are upgraded through targeted modernization measures. The business model covers the entire value chain from acquisition and technical development to sale or long-term rental. In the 2023 financial year, the company generated total revenue of 33.3 million EUR, with the sale of inventory properties representing the largest source of revenue at 18.6 million EUR.
Handel sowie die Entwicklung und Vermietung von Immobilien und die Vorbereitung und Durchführung von Bauvorhaben als Bauherr im Umfang des § 34 c Gewerbeordnung.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 108645 (as of 30 October 2026)
| Name | Type | City |
|---|---|---|
| Kim Andersson | Vorstand | Hattersheim am Main |
| Company | Location |
|---|---|
| Eschborn |
Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 108645 (as of 30 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2023 | €60,180,000 | -€10,994,000 | €471,979,000 | 70 |
| 2022 | €85,606,000 | €8,276,000 | €494,012,000 | 69 |
| 2021 | €73,598,000 | €9,536,000 | €446,555,000 | 63 |
| 2020 | €28,700,000 | €2,797,000 | €367,561,000 | 53 |
| 2019 | €75,950,455 | €8,673,143 | €258,949,319 | 50 |
| 2018 | €56,120,577 | €9,269,037 | €214,065,719 | 43 |
| 2017 | €67,988,656 | €8,674,804 | €127,838,425 | 26 |
| 2016 | €28,611,736 | €4,085,075 | €49,630,242 | — |
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Source: German Commercial Register (Handelsregister) Frankfurt am Main Local Court, HRB 108645 (as of 30 October 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €5,261,000 | 90.8% |
| Depreciation | €535,000 | 9.2% |
