Reen Finans Musics Etic ApS — Credit Rating and Financial Key Figures

CVR number: 11187994
Bøtøvej 36, 4873 Væggerløse
tel: 54757507

Company information

Official name
Reen Finans Musics Etic ApS
Established
1987
Company form
Private limited company
Industry

About Reen Finans Musics Etic ApS

Reen Finans Musics Etic ApS (CVR number: 11187994) is a company from GULDBORGSUND. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Reen Finans Musics Etic ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit12.69-1.28-2.98-0.25
EBIT- 923.71-1.28-2.98-0.25
Net earnings- 844.266.595.188.31-0.18
Shareholders equity total1 528.92235.51240.69249.00248.81
Balance sheet total (assets)1 531.42236.76241.53250.09248.81
Net debt-29.01-25.16-25.06
Profitability
EBIT-%
ROA-30.0 %0.8 %2.2 %3.4 %
ROE-43.3 %0.7 %2.2 %3.4 %-0.1 %
ROI-30.2 %0.8 %2.2 %3.4 %
Economic value added (EVA)-1 037.91-78.11-13.35-11.08-11.25
Solvency
Equity ratio99.8 %99.5 %99.7 %99.6 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio612.6189.4286.2228.6
Current ratio612.6189.4286.2228.6
Cash and cash equivalents29.0125.1625.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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